Motus, 6-8 Koonwarra Road (South Gippsland Hwy),
Leongatha
Sold1 of 19Motus Backed Auto Dealership with Major Highway Frontage
Showrooms/Bulky Goods
Sold - $3,500,000
- 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
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