10 Year Triple Net Lease + Options to 2040

Description

Subsidiary of Tokyo Listed Group
High Profile 12,921*sqm Site
Triple Net Lease

Net Income: $1,210,000* pa + GST

  • ‘Autopact’ operates 28 dealerships along the eastern seaboard employing 1,430* people
  • Wholly owned subsidiary of Optimus Group Co Ltd, listed on the Tokyo stock exchange with operations in Japan, Australia and New Zealand
  • High profile 12,921sqm site opposite major retail precinct with national tenants Harvey Norman, Spotlight, BCF, Supercheap Auto, Fantastic Furniture & others
  • 210 metre Mitchell Hwy frontage with dual access plus 165 metre frontage to Gateway Crescent
  • Tenant pays 100% of all outgoings including land tax, maintenance, repairs and management
  • Annual CPI or 3% rent increases whichever the greater
  • Market reviews on renewal cannot decrease the rent
  • Tenant onsite since 2005 and in recent years undertook major multi-million dollar rebuild/extension 3,647sqm of building
  • Includes 1,658sqm vehicle showrooms for 10 individual brands 1,978sqm of service centre workshops with 31 hi-tech vehicle hoists
  • Retailers of Audi, Honda ,RAM, Kia, Subaru, Nissan, Ssang Yong, GWM & Polaris
  • Significant hardstand plus 163 on-site car spaces
  • Orange: Regional city hub approx. 3.5 hours west of Sydney with a population of circa 45,000 people and a GDP of approximately $4 billion
  • For Sale by Expressions of Interest

*Approximate

  • Address: 8 and 14 Gateway Crescent ORANGE NSW
  • State/county: New South Wales
  • Zip/Postal Code: 2800

Details

Updated on June 26, 2025 at 5:49 am
  • Property ID CECI-4078
  • Property Type Automotive, Large Format Retail
  • Property Status Sold

Contact Information

Glenn Conridge

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All areas and figures approximate only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agents.