Luxury Car Dealership Investment in Booming Regional Hub
Western Plains Automotive - Dubbo

FOR SALE - PRIVATE NEGOTIATION
Luxury Car Dealership Investment in Booming Regional Hub

  • New 5 Year Lease

  • High profile site combining 19,054 sqm

  • Annual nett income $1,214,852 (+GST)*

 

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

Unquestionably the largest automotive display centre in The Central West, covering a staggering 19,054 sqm, Western Plains Automotive located at 45-71 Victoria Street, Dubbo delivers the most modern showrooms, advanced technical workshops and a highway frontage megayard reported at 261 metres in length.

The tenant, AutoPact - one of Australia's largest private motor vehicle retailers, operates 26 independent sites across the eastern states of Australia.

The location of Western Plains Automotive (Mitchell Highway) is surrounded by many other automotive retailers and large format national brand names Ozcar, Yamaha Motorcycles, IGA, Battery World, AVIS, The Bottle-O, and Red Dirt Camping.

Investment Highlights:

+ Established motor dealership on site since 2003

+ High profile 19,054 sqm site with 6 fully refurbished dealership showrooms representing Mercedes Benz, Mitsubishi, Nissan, GWM, Haval, Honda, Mazda

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

+ New 5 year lease commencing October 2021 with option to 2031

+ Annual rental increases greater of 3% or CPI

+ Lessee pays 100% of all statutory outgoings

+ Annual nett income $1,214,852.02 (+GST)*

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

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

Anthony Bray 0419 322 233

anthony.bray@nextcommercial.com.au


* (approximately)