Premium Automotive Service Centre
Clancy Motor Group - Kelso

FOR SALE - PRIVATE NEGOTIATION
Premium Automotive Service Centre

  • New 10 Year Lease

  • Premium Highway Exposure

  • Annual nett income $664,202 (+GST)*

 

Next Commercial in conjunction with Blowes Real Estate is delighted to offer to the market a 'High Performance Automotive Property Investment' For Sale.

202 Sydney Road, Kelso is situated on the Great Western Highway, east of Bathurst. The outstanding highway location features a 169m* frontage - ideal exposure for retail automotive sales, service and display.

Secured by AutoPact - one of Australia's largest private motor vehicle retailers, operating 26 independent sites across the eastern states of Australia.

Investment Highlights:

+ Clancy Motor Group have been in the Automotive business in Bathurst for over 70 years

+ Purpose-built 2016

+ Level 11,890 sqm site with four dealership showrooms & fully equipped service centre, representing Ford, Kai, Isuzu Ute, Mitsubishi, Ironman 4 x 4 Accessories

+ Secured by AutoPact Group with turnover in excess of $1.3 billion in 2021

+ New 10 year lease until November 2031 with options to 2041

+ Annual rental increases greater of 3% or CPI

+ Lessee pays 100% of all statutory outgoings

+ Annual nett income $664,202 (+GST)*

For further information and inspections, please contact the exclusive selling agents.

Anthony Bray 0419 322 233

anthony.bray@nextcommercial.com.au

David McClatchey 0402 445 499

david.mcclatchey@nextcommercial.com.au

Gary Blowes 0418 635 248

gary@blowesre.com.au

Ryan Cross 0402 147 124

ryan.cross@nextcommercial.com.au


* (approximately)