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Autopro, 20 Albion Street
Warwick QLD 4370
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Sold on 20 Sep 2023

Autopro, 20 Albion Street Warwick QLD 4370

  • Showrooms / Bulky Goods
  • 650 m²
  • Sold

Prime Freestanding Automotive Retail Investment - ASX Listed Tenant

  • 5 Year Corporate Lease to $2Bn Bapcor
  • Established Auto Retail Location 14+ Yrs
  • Uncapped CPI Annual Rent Increases

Stonebridge National Investment Sales is pleased to present Autopro Warwick for sale via National Portfolio Auction on Wednesday 20 September 2023 at 11am.

The asset has the following key investment features:

- Secure 5 year lease + options to 2036 with favourable uncapped CPI annual rent increases (latest review 6.3%)

- Corporate lease to subsidiary of $2.08 billion ASX listed Bapcor Limited Asia Pacific's leading automotive aftermarket provider, 1,060+ store network comprising Autopro, Autobarn, Midas and Burson Auto Parts

- Autopro Established retail and automotive brand with 41 year history and 75+ locations Australia wide

- Large 2,498 sqm* site with 37m* frontage to the Cunningham Highway's Albion Street section, a key arterial carrying 11,010+ vehicles daily and currently undergoing a $212.5 million upgrade

- Improved by modern freestanding concrete tilt panel building plus 21 at grade and basement car parks

- Strong performing automotive retail location for 14+ years, nearby Bunnings, Goodyear, Supercheap Auto, Repco, Burson Auto Parts and BP

- Within close proximity of numerous national retailers including Woolworths, Coles, ALDI, IGA, Big W, McDonald's and KFC

- Warwick Key residential, freight and services hub of the Darling Downs region, part of a thriving $20.7 billion economy and boasting a globally significant agricultural industry

- Net Income $121,114 pa* + GST

'Autopro Warwick' is for sale via National Portfolio Auction on Wednesday 20 September 2023 at 11am.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 739

AUCTION

Auction date and time20/09/2023 11:00
Auction locationSee description

Property Highlights

Date Sold20 Sep 2023
Floor Area650 m²
Land Area2,498 m²
Parking21 x Onsite parkings
Property ID2018717665
Category
Last updated  20 Sep 2023
Map for Autopro, 20 Albion Street Warwick QLD 4370

Property Highlights

Date Sold20 Sep 2023
Floor Area650 m²
Land Area2,498 m²
Parking21 x Onsite parkings
Property ID2018717665
Category
Last updated  20 Sep 2023
Level 29, 10 Eagle St Brisbane City QLD 4000

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