Investment Property
For Sale
  • Showrooms/Bulky Goods
  • Prime Automotive Investment | 10 Year Lease to AP Eagers (ASX:APE)

    31 Hospital Rd, Emerald, Queensland 4720 Australia
    Investment Property
    For Sale
  • Showrooms/Bulky Goods
  • Prime Automotive Investment | 10 Year Lease to AP Eagers (ASX:APE)

    31 Hospital Rd, Emerald, Queensland 4720 Australia
    Building Size
    9,161 SQM
    Building Size
    9,161 SQM

    OVERVIEW

    Cushman & Wakefield National Investment Sales are pleased to present Central Highlands Automotive in Emerald to the market for sale.


    This exceptionally located automotive investment has a 10-year lease to AP Eagers and comprises three separate dealerships consisting of Central Highlands Toyota, Central Highlands Volkswagen and Central Highlands Hyundai. Surrounded by national tenants such as Woolworths, Coles, Super Cheap Auto, KFC and many more this prime investment opportunity provides the astute investor the chance to secure a long-term annuity underpinned by an established and proven ASX listed tenant.


    31 Hospital Road in Emerald is for sale via expressions of interest closing at 4pm AEST on Wednesday the 15th of March 2023.


    The property offers the following features:


    -         Leased to AP Eagers (ASX:APE)

    -         Ten year lease to 2031 and options to 2041

    -         Three separate automotive dealerships

    -         Offering Toyota, Volkswagen and Hyundai

    -         Tenant Pays 100% of outgoings

    -         CPI annual rental increases

    -         Emerald is the centre of QLD’s central highlands (Population: 28,000)


    Net Annual Rent: $582,303pa*


    For further information or to arrange an inspection please contact Daniel Cullinane or Pat Birchley of Cushman & Wakefield National Investment Sales.


    *Approximate

    - Queensland - Central

    Details

    Building Size:
    9,161 SQM
    Sale Price:
    Negotiable

    AVAILABILITIES

    LOCATION

    With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

    Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

    You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
    MORE OPTIONS
    AGREE AND CLOSE
    These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
    These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
    These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
    Agree All
    Reject All
    SAVE SETTINGS