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Affordable Auto Retail Investment

62 Tone Road, WANGARATTA VIC, 3677

Sold

Property Sold in 62 Tone Road, WANGARATTA VIC, 3677

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11363243
Status:
Sold
Price:
Price on request
Last Updated:
23/01/2020
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Property Type

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

766 SQM
Icon size

Floor Area

466 SQM
Icon parking

Parking

N/A

Affordable Auto Retail Investment

New 5 year net lease to 2024 plus options to 2033.
Burson Auto Parts: automotive specialist with 180 stores nationally and wholly owned subsidiary of ASX-Listed Bapcor with a Market Cap of $2billion.
Tenant pays all usual outgoings.
Significant depreciation benefits.
Annual rent reviews.
Highway corner position metres from Bunnings and surrounded by complementary businesses.
Net Income: $54,375 + GST

Auction 12 noon AEDT Wednesday 30 October
River Room, Crown Casino, Melbourne, VIC

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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