A rare opportunity to acquire three separately titled car dealerships in Hillcrest either individually or in one line. JLL is pleased to present ‘The Hillcrest Car Dealership Collective’, 18-28 & 72-88 Anzac Avenue, Hillcrest – A unique opportunity to acquire a collection of leading car dealerships within a tightly held location, providing an exceptional income profile. Key features of the opportunity include: - Secure income stream via three 10-year net leases to Servco Australia. - All leases include 3x5 year lease options, further underpinning the income security of the asset. - All dealership leases feature Consumer Price Index (CPI) rent review mechanisms, providing robust protection against inflation. - Encompassing a combined 26,592* square metres, these prime landholdings command a strategic position along Anzac Avenue with premium exposure to Mount Lindsey Highway. - Strategically positioned within Hillcrest’s rapidly growing main trade area. - Significant combined street frontage totalling over 400* metres. - Low 22%* combined site area coverage ratio, further underpinning the redevelopment potential. - Generous car parking with a combined total of 332* on-grade parking bays. - Net income of $2,392,676* per annum Hillcrest Car Dealership Collective is being offered for sale individually or in-one-line via an expressions of interest campaign closing at 4pm (AEST) 17th April 2025. *Approximately as at 30 June 2025
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