CBRE is pleased to present this premium automotive investment located across two titles at 398 & 400 Albany Highway, Orana. 398 & 400 Albany Highway Orana represents an exceptional opportunity to acquire a unique investment, providing investors scale and a significant holding in one of WA’s well-established regional towns. Strategically located on Albany Highway, which is the major throughfare connecting the southwest to Perth, the property benefits from being positioned over a 11,429sqm* landholding, which has recently undergone major refurbishment, requiring no capital expenditure in the short to medium term. • Combined 11,429sqm* freehold landholding • 3,207sqm* of NLA across 4 buildings • New 5-yr lease with options to 2045 • Net income: $680,710 + GST • Tenant responsible for rates, taxes, insurance and repairs and maintenance • Annual CPI reviews • Leased to national tenant Autoleague: 20 locations across WA, VIC & QLD • Recent capital expenditure of circa $3 million undertaken across 4 buildings in 2023. 398 & 400 Albany Highway, Orana is for sale via Private Treaty. Contact the sales agent for a price.
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Property ID: 504776468