FOR SALE BY EXPRESSIONS OF INTEREST Closing Wednesday 27 March at 3pm
This most impressive freehold investment property is located one of Melbourne's most sought after and well known showroom precincts, Nepean Hwy.
Positioned on the preferred outward bound side of the highway, on the corner of Nepean Hwy and Oak Ave, this profile showroom investment will be the new home to the new LDV car dealership.
Currently undergoing refurbishment, this investment will be the jewel in the crown of your investment portfolio.
Key attributes include:
* Impressive new 5 year lease to LDV car dealership
* Net income $300,000 per annum plus, Outgoings & GST
* Fixed increases of 3% per annum,and market review at option
* Lease expiry 31 October 2023, with a further 5 year option
* All outgoings payable by the tenant (except Land Tax)
* Fully re-furbished showroom facility with rear workshop and warehouse
* Rear hardstand and wash bay area
* 20 car spaces on site
* 58 metre frontage to Nepean Hwy
* Commercial 2 zoning
This incredible investment boasts neighbours such as; a new Officeworks, Bunnings, Rebel Sport, Jefferson Ford, Subaru, Goodyear , Supercheap Auto, Spotlight and ALDI.
With Nissan and LDV opening soon, 1 Nepean Hwy, is an investment that will corner beautifully into your investment portfolio.
For further information, enquiries and inspections, please contact:
JAMES GLEN 0401 493 277
MATT NICHOLS 0418 186 488
NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated. All images are subject to copyright.