Gateway Automotive Wollongong, 115-121 Princes Highway, Fairy Meadow, NSW 2519
Retail
|Showrooms/Bulky Goods
|Industrial/Warehouse
Contact Agent
Published on: 14 Mar 2025
Last updated on: 27 Mar 2025
Property ID: 504814388
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Key property information
Land Size
20,150.00 m2
Zoning
E3: Productivity Support
Floor Area
10,300.00 m2
Tenure Type
tenanted
Trophy Auto Dealership Secured by Nikkei 225-listed parent company, Optimus Group, with Development Upside.
Gateway Automotive Wollongong, 115-121 Princes Highway, Fairy Meadow, NSW 2519
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. Enormous 20,150 sqm* developed site located on the northern roundabout corner of the Princes Highway and Mount Ousley Road, Fairy Meadow. Key Investment Highlights: + 5 year net lease commenced 2021, plus 2 x 5-year options till 2036 + Gateway Automotive - established in 1999, has evolved into a leading dealership group, offering a full-service automotive experience, including sales, finance, insurance, and vehicle maintenance. + Modern 10,300 sqm* motor vehicle showrooms & fully automated service centre + Irreplaceable 20,150 sqm* corner landholding providing 3 street frontages with a combined frontage of 240 metres* + Wollongong: A thriving economic, residential, education and infrastructure hub just 80 minutes from Sydney. + Premium E3 Productivity Support zoning allows for a variety of uses, including large format retail, office, childcare, medical, and aged care facilities (STCA). + Landlord-favourable net lease with tenant responsible for outgoings, repairs, maintenance, and building improvements. + Annual rental increases greater of CPI or 3% + Annual net income $2,056,199 (+GST)* (as at March 2025) 115-121 Princes Highway & 3 McGrath Street, Fairy Meadow is offered For Sale via Expressions of Interest closing Wednesday, 16th April 2025 at 3:00pm For access to Data Room, please contact Next Commercials exclusive selling agents: Ryan Cross Mobile: 0402 147 124 [email protected] Anthony Bray Mobile 0419 322 233 [email protected] (*Approx)
Property Details
Basic Info
Basic Info
Property Type
RetailShowrooms/Bulky GoodsIndustrial/Warehouse
Listing Status
On Market
Land Size
20,150.00 m2
Address
Gateway Automotive Wollongong, 115-121 Princes Highway, Fairy Meadow, NSW 2519
Ryan Cross
Anthony Bray
Contact Agent
Email enquiry to Next Commercial - Sydney
Ryan Cross
Anthony Bray
Mezz Level, 34-36 James Craig Road, Rozelle, NSW 2039
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Property ID: 504814388
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