Motus, 6-8 Koonwarra Road (South Gippsland Hwy), Leongatha VIC 3953
Sold
Motus Backed Auto Dealership with Major Highway Frontage
> Purpose Built Auto Dealership
> 2,060 sqm* C1Z Landholding
> Annual CPI Increases
The key highlights of the opportunity include:
– Secured by 7 year net lease to 2032 plus 2 further 5 year options with annual CPI increases
– Motus Holdings Ltd (JSW:MTH) – a leading global automotive business with a $1.73 billion market cap
– Expansive 2,060 sqm* Commercial 1 zoned site improved by purpose built, state-of-the-art auto dealership covering 1,103 sqm*
– Premium centre comprising indoor showroom, service centre, offices & outdoor car spaces on hardstand
– Located at the gateway to Leongatha with 93m* of valuable South Gippsland Highway frontage
– South Gippsland – South-Eastern municipality with forecasted 14.27% population growth by 2036^
– Net Income $242,785 pa* + GST with Tenant paying all usual outgoings excluding Land Tax
To obtain further information, or arrange an inspection please contact the exclusive selling agents, Wilson Property or Stonebridge Property Group.
*approximately
^Location ID
Property Features
- Showrooms/Bulky Goods
- Land is 2,060 m²
- Floor Area is 1,103 m²
- Satellite