EXPRESSIONS OF INTEREST
115-121 Princes Highway, Fairy Meadow, NSW 2519
PROPERTY HIGHLIGHTS
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Enormous Re-development Potential
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Net Lease + Options to 2036
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Security of Global Auto Giant
Trophy Auto Dealership Secured by Nikkei225-listed parent company, Optimus Group, with Development Upside
DESCRIPTION
Next Commercial is delighted to offer For Sale 115-121 Princes Highway & 3 McGrath Street, Fairy Meadow NSW via Expressions of Interest.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 20,150 sqm* developed site located on the northern roundabout corner of the Princes Highway and Mount Ousley Road, Fairy Meadow.
Investment Highlights:
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5 year net lease commenced 2021, plus 2 x 5-year options till 2036
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Modern 10,300 sqm* motor vehicle showrooms & fully automated service centre
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Irreplaceable 20,150 sqm* corner landholding providing 3 street frontages with a combined frontage of 240 metres*
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Wollongong: A thriving economic, residential, education and infrastructure hub, just 80 minutes from Sydney.
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Premium E3 Productivity Support zoning allows for a variety of uses, including large format retail, office, childcare, medical, and aged care facilities (STCA).
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Lessee pays all statutory outgoings, repairs, maintenance, and building improvements
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Annual rental increases greater of CPI or 3%
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Annual net income $2,056,199 (+GST)* (as at March 2025)
For further information and inspections, please contact the exclusive selling agents:
* (approximately)