Burgess Rawson are pleased to offer the fully leased TJM 4x4 freehold investment located at 126 Dandenong Road West, Frankston VIC for sale via Expressions of Interest closing 3pm Thursday 4 July 2024. Investment highlights include: + New ten (10) year lease through to 2033 plus one (1) further five (5) year option through to 2038. + TJM 4x4: Circa 100 locations across Australia (1), wholly owned subsidiary of Eastern Polymer Group (BBK:EPG), TH-listed giant with a market cap of $773m*. (2) + Minimal management investment, investor friendly net lease, with tenant paying all usual outgoings including single holding land tax. + Strong and certain income growth with fixed annual, compounding 3% increases. + Recent showroom fit-out and upgrade carried out by the tenant to TJM's latest corporate layout and design. + Irreplaceable 1,900sqm* corner landholding providing 35 metres* of frontage and exposure to Dandenong Road West. + Strategic location within the premium automotive and large format retail showroom precinct which includes Ford, Toyota, Kia, Hyundai, Nissan, Subaru, Mitsubishi plus many more. + Within 400m* Frankston Freeway and Frankston-Dandenong Road on and off ramps, seeing a combined 84,000 vehicles passing daily. (3) + Frankston: Major commercial, retail, education and transport hub servicing the Mornington Peninsula, with a growing population forecast to increase 40% by 2041. (4) + Frankston is the gateway to the Mornington Peninsula: Tourism up 55% year-on-year with total domestic tourists reaching 8.23 million people. (5) + Net Income: $297,800 pa* + GST. For Sale by Expressions of Interest Closing 3pm (AEST) Thursday 4 July 2024 For further information please contact the agents directly Available for individual sale or in one line: 4-8 Donald Avenue – Return-It + New Three (3) year lease to 2026 plus option to 2028. + Tenant pays all outgoings including Land Tax. + Net Income: $97,850 pa* + GST. *Approximately (1) LinkedIn (2) EPG (3) GapMaps (4) Forecast.id (5) Mornington Peninsula Shire
ส่งอีเมลสอบถามได้ที่ Burgess Rawson - Melbourne
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