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Auction | Showrooms/Bulky Goods new

Award Winning Toyota Dealer Network - Fixed 3% Annual Rent Increases

230 Kelly Street
Scone, NSW 2337
Australia
Inquire About This Property
Building Size:
715 SQM
Lot Size (SQM):
2392

Cushman & Wakefield is pleased to present to the market 230 Kelly Street (New England Highway), Scone for Sale via Auction. The property has the following key characteristics: - New 7 year lease to 2027 + option to 2032 - Scone Toyota & Isuzu Ute - Award winning Wideland Automotive dealership network with 8 locations & 15 hire car depots. One of the largest privately owned truck & agricultural dealership networks in QLD & NSW - Toyota & Isuzu brands sell 5 of the top 10 vehicles sold in Australia - more than any other manufacturer - New 715 sqm automotive retail facility built in 2018 featuring showroom, workshop & display yard - Prime corner site entering Scone with 122 metre frontage to the New England Highway & 88 metre frontage to Main Street - Scone - Recognised Hunter Valley town 270 km north of Sydney known as the ‘Horse Capital of Australia’ - Landlord friendly Net lease - Tenant pays for all outgoings incl. Land Tax, Management Fees, Repairs & Maintenance of the Landlord’s property - Fixed 3% annual rent increases - Net Income $309,000 pa + GST The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 29 April at 12 noon at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney NSW. Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne. Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield. - Hunter & Central Coast
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