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)