DESCRIPTION​

 

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

​

Prominently located on the Mitchell Highway in the gateway Orange, the Orange Motor Group (OMG) is by far the largest automotive retail display and service centre in the greater Orange area. Originating in 2005, the modern dealership covers a site area of 1.3 ha and boasts a commanding 210 metres of main highway frontage.

​

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

​

Investment Highlights:

​

• Established motor dealership on site since 2005

• High profile 1.3 ha site with fully refurbished dealership showrooms representing Audi, RAM, Kia, Subaru, Ssang Yong, GWM, Honda, Nissan, Polaris

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

• New 10 year lease commenced in October 2020 with options to 2040

• Annual rental increases greater of 3% or CPI

• Lessee pays 100% of all statutory outgoings

• Annual nett income $1,078,835 (+GST)*

 

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

* (approximately)