3/428 Mt Dandenong Road, Kilsyth, Vic 3137

parkingSpaces 4
|Industrial/Warehouse
|Showrooms/Bulky Goods
$1,000,000 - $1,100,000
$1,000,000 - $1,100,000
Published on: 13 Nov 2024
Last updated on: 19 Nov 2024
3/428 Mt Dandenong Road, Kilsyth, Vic 3137
3/428 Mt Dandenong Road, Kilsyth, Vic 3137
3/428 Mt Dandenong Road, Kilsyth, Vic 3137
+15
3/428 Mt Dandenong Road, Kilsyth, Vic 3137
  • 15
Property ID: 504735924
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Key property information

Land Size
362.00 m2
Floor Area
402.00 m2
Parking Spaces
4
Tenure Type
tenanted

PASSIVE INDUSTRIAL INVESTMENT WITH NET LEASE TO ASX LISTED 'AMA GROUP LTD'!

3/428 Mt Dandenong Road, Kilsyth, Vic 3137
Jones Real Estate is pleased to present Warehouse 3, 428 Mt Dandenong Road, Kilsyth, For Sale via Public On-Site Auction on Tuesday 10th December 2024 at 10:30am.

This remarkable investment opportunity will be sold with a secure lease in place to ASX listed 'AMA Group Ltd', the leader in the Australian and New Zealand collision repair industry and associated auto parts market with a market capitalisation of $310 million*.

Key highlights of this investment opportunity include:

-	Total gross building area of 402sqm*, comprising of a high quality full tilt precast concrete construction, high clearance warehousing with roller door access, 4 car parks and zoned Industrial 1 (IN1Z).

-	A blue-chip tenanted investment opportunity, leased to leading & ASX listed ‘AMA Group Ltd’ returning $67,011.60 per annum plus GST & Outgoings including Land Tax.

-	'AMA Group Ltd' is the leader in the Australian and New Zealand collision repair industry and associated auto parts market with a market capitalisation of $310 million*.

-	Rare net lease structure with tenant paying 100% of building outgoings including land tax. 

-	Securely leased with optional terms to 2031 and CPI annual rental increases. 

-	Victoria’s eastern suburbs hold an impressively low industrial vacancy rate of only 1.5%, highlighting the high demand and limited availability of industrial properties in the region^^. 

*Approx.
^^Urbis.com.au Q2 2024.

For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents. 


Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding. We understand ‘AMA Group Solutions Pty Ltd’ (the lessee), to be a 100% subsidiary of AMA Group Limited. Please consult with a licensed financial advisor for due diligence and do not rely on the advice of Jones Real Estate Pty Ltd.

Property Details

Basic Info

Property Type
Industrial/WarehouseShowrooms/Bulky Goods
Listing Status
On Market
Parking Spaces
4
Land Size
362.00 m2
Address
3/428 Mt Dandenong Road, Kilsyth, Vic 3137
Paul Jones
Paul Jones
Dan Hannebery
Dan Hannebery
Level 8, 1 Elizabeth Street, Melbourne, Vic 3000
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Paul Jones
Paul Jones
Dan Hannebery
Dan Hannebery
Level 8, 1 Elizabeth Street, Melbourne, Vic 3000
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      Property ID: 504735924

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