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163-169 Great Eastern Highway,
Midland, WA 6056
Showrooms & Large Format Retail • Warehouse, Factory & Industrial • Shops & Retail
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Sale - Auction Wed 30 Oct
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
163-169 Great Eastern Highway
Midland, WA 6056
Map of 163-169 Great Eastern Highway
Train stations within 5 km of 163-169 Great Eastern Highway, Midland, WA 6056 Distance Midland Station 1.9 km Woodbridge Station 2.7 km East Guildford Station 3.9 km POWERED BY HERE ©Bus stops within 5 km of 163-169 Great Eastern Highway, Midland, WA 6056 Distance Great Eastern Hwy Before Ewart St 150 m Great Eastern Hwy Before Ferguson St 225 m Bushby St Before Lennard Gdns 227 m Great Eastern Hwy After Bushby St 249 m Great Eastern Hwy After Victoria Pde 262 m POWERED BY HERE ©
POWERED BY HERE ©
12 Year Net Lease Inc Land Tax | Toyota: Australia’s No. 1 Auto Brand for the Past 27 Years
- Strategic 4,778sqm* Freehold Corner
- One of WA’s Leading Dealerships
- Booming Metro Growth Location
Burgess Rawson is delighted to offer to the market Midland Toyota at 163-169 Great Eastern Highway, Midland (Bellevue) WA 6056 for sale via Investment Portfolio Auction 172.
The property has the following key highlights:
+ 12 year lease to 2030 plus options to 2055.
+ Toyota – Australia’s No. 1 automotive brand for the past 27 years.
+ Landlord-favourable net lease, with tenant responsible for all outgoings.
+ Annual CPI + 1% rent reviews.
+ Modern immaculate 1,401sqm* freestanding dealership incorporating showroom, offices, and service centre.
+ Massive landmark 4,778sqm* corner freehold site with 83 metre* dual frontage, plus clear visual exposure to 26,000 vehicles passing daily on Great Eastern Highway. (1)
+ Booming Car Sales Industry: 97,202 new car sales sold across Australia in April 2024 up 18.3% Year-on-Year. (2)
+ National covenant Autoleague sells over 40,000 cars per year and employs over 1,500 people.
+ Midland/Midvale’s average number of vehicles per household is 1.9, well above the national average of 1.76. (1)
+ Position perfectly within the Midland dealership precinct, amongst Kia, Suzuki, Hyundai, MG, Nissan, plus more.
+ City of Swan: Booming growth location, 20km* north-east of Perth CBD, with population forecast to grow 88%* by 2055. (3)
+ Net income: $560,070pa* + GST (as at October 2024).
To be sold by Investment Portfolio Auction:
10:30am (AEST) Wednesday 30th October 2024
River Room, Crown Casino, Melbourne
Please contact the exclusively appointed sales team for more information.
WA Office
Brodie Keay 0403 552 8...
Chris Carcione 0415 393 0...
Richard Giorgi 0468 697 093
Melbourne Office
Raoul Holderhead 0413 860 3...
Matthew Wright 0458 290 5...
*Approx
1 GapMaps
2 FCAI
3 .id
The property has the following key highlights:
+ 12 year lease to 2030 plus options to 2055.
+ Toyota – Australia’s No. 1 automotive brand for the past 27 years.
+ Landlord-favourable net lease, with tenant responsible for all outgoings.
+ Annual CPI + 1% rent reviews.
+ Modern immaculate 1,401sqm* freestanding dealership incorporating showroom, offices, and service centre.
+ Massive landmark 4,778sqm* corner freehold site with 83 metre* dual frontage, plus clear visual exposure to 26,000 vehicles passing daily on Great Eastern Highway. (1)
+ Booming Car Sales Industry: 97,202 new car sales sold across Australia in April 2024 up 18.3% Year-on-Year. (2)
+ National covenant Autoleague sells over 40,000 cars per year and employs over 1,500 people.
+ Midland/Midvale’s average number of vehicles per household is 1.9, well above the national average of 1.76. (1)
+ Position perfectly within the Midland dealership precinct, amongst Kia, Suzuki, Hyundai, MG, Nissan, plus more.
+ City of Swan: Booming growth location, 20km* north-east of Perth CBD, with population forecast to grow 88%* by 2055. (3)
+ Net income: $560,070pa* + GST (as at October 2024).
To be sold by Investment Portfolio Auction:
10:30am (AEST) Wednesday 30th October 2024
River Room, Crown Casino, Melbourne
Please contact the exclusively appointed sales team for more information.
WA Office
Brodie Keay 0403 552 8...
Chris Carcione 0415 393 0...
Richard Giorgi 0468 697 093
Melbourne Office
Raoul Holderhead 0413 860 3...
Matthew Wright 0458 290 5...
*Approx
1 GapMaps
2 FCAI
3 .id
Property ID: 504703340Last Updated: 2 Oct 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
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