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ASX Listed Tenant On-Site for Over 16 Years

170-172 Lyttleton Terrace, BENDIGO VIC, 3550

Sold

Property Sold in 170-172 Lyttleton Terrace, BENDIGO VIC, 3550

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11306577
Status:
Sold
Price:
Price on Request
Last Updated:
26/05/2020
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Property Type

Retail/Showrooms/Bulky Goods/Industrial/Warehouse
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Land Area

952 SQM
Icon size

Floor Area

785 SQM
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Parking

N/A

ASX Listed Tenant On-Site for Over 16 Years

Renewed 5 year lease to Autobarn until 2022 plus option to 2027
Lessee pays all usual outgoings including single holding land tax
Immaculately presented 785 sqm open plan retail building including newly installed energy saving solar panels
Located within the auto retail precinct and surrounded by complimentary tenants incl Supercheap Auto (directly opposite), Jaycar and Beaurepaires
Autobarn: 125 stores nationwide and wholly owned subsidiary of ASX listed BAPCOR Limited (market cap $1.88B)
BAPCOR Limited: Australia’s leading provider of after-market parts, accessories & services with business also including ABS, Autopro & Midas
Strategic 952 sqm commercial 2 zoned site with 25m retail frontage and store front parking
Greater Bendigo: Victoria’s third largest urban centre with a growing population of over 113,000, forecast to increase to 145,000 by 2031
Rent: $141,014 pa (as at August 2018 – estimated CPI review)

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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