DESCRIPTION​

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Next Commercial is delighted to offer For Sale by Expressions of Interest 10 Corporation Avenue, Bathurst.  

 

Secured by Optimus Group Co., Ltd. - a global automotive powerhouse headquartered in Tokyo, Japan, and listed on the Tokyo Stock Exchange (TYO:9268), now operating 30 independent sites across Australia’s eastern states.

 

Triple net lease with tenant responsible for 100% of all outgoings, repairs, maintenance, and building improvements. 

 

Enormous 14,670 sqm* developed site located on the western perimeter of Bathurst CBD, neighbouring Bathurst Toyota and Service NSW. 

 

Investment Highlights:
 

• Long 10 year net lease to 2031, plus 3 x 5-year options to 2046   

•  Modern 3,120 sqm* motor vehicle showrooms & fully automated service centre  

•  14,670 sqm* developed site incorporating 139 m* frontage to Mitchell Highway 

•  Lessee pays all statutory outgoings, repairs, maintenance, and building improvements 

•  Annual rental increases greater of CPI or 3%. (Ratchet clause applies at option review) 

•  Annual net income $1,075,269.72 (+GST)* 

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10 Corporations Avenue, Bathurst is offered For Sale via Expressions of Interest closing Wednesday, 16th April 2025 at 3:00pm

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For further information and inspections, please contact the exclusive selling agent:

* (approximately)