3/428 Mt Dandenong Road,
Kilsyth, VIC 3137
Warehouse, Factory & Industrial • Showrooms & Large Format Retail
Price information
Sale - Auction Mon 9 Dec
$1,000,000 - $1,100,000
Key property information
Land area
Floor area
Car spaces
Tenure type
Auction
Private inspections
to arrange a private inspection.
Jones Real Estate - Australia
Level 8, 1 Elizabeth StreetMELBOURNE, VIC 3000
3/428 Mt Dandenong Road
Kilsyth, VIC 3137
Map of 3/428 Mt Dandenong Road
Train stations within 5 km of 3/428 Mt Dandenong Road, Kilsyth, VIC 3137 Distance Mooroolbark Station 2.1 km Croydon Railway Station (Croydon) 2.2 km Ringwood East Station 4.8 km POWERED BY HERE ©Bus stops within 5 km of 3/428 Mt Dandenong Road, Kilsyth, VIC 3137 Distance Shelley Ave/Mt. Dandenong Rd (Kilsyth) 119 m Churchill Way/Mt. Dandenong Rd (Croydon) 171 m The Oaks/Mt. Dandenong Rd (Croydon) 327 m Jarvis Ave/Mt. Dandenong Rd (Croydon) 378 m Kilsyth Memorial Hall/Mt. Dandenong Rd (Kilsyth) 466 m POWERED BY HERE ©
POWERED BY HERE ©
PASSIVE INDUSTRIAL INVESTMENT WITH NET LEASE TO ASX LISTED 'AMA GROUP LTD'!
- ASX LISTED TENANT – AMA GROUP LTD
- BRAND NEW LEASE!
- NET INCOME $67,011.60 P.A
Jones Real Estate is pleased to present Warehouse 3, 428 Mt Dandenong Road, Kilsyth, For Sale via Public On-Site Auction on Tuesday 10th December 2024 at 10:30am.
This remarkable investment opportunity will be sold with a secure lease in place to ASX listed 'AMA Group Ltd', the leader in the Australian and New Zealand collision repair industry and associated auto parts market with a market capitalisation of $310 million*.
Key highlights of this investment opportunity include:
- Total gross building area of 402sqm*, comprising of a high quality full tilt precast concrete construction, high clearance warehousing with roller door access, 4 car parks and zoned Industrial 1 (IN1Z).
- A blue-chip tenanted investment opportunity, leased to leading & ASX listed ‘AMA Group Ltd’ returning $67,011.60 per annum plus GST & Outgoings including Land Tax.
- 'AMA Group Ltd' is the leader in the Australian and New Zealand collision repair industry and associated auto parts market with a market capitalisation of $310 million*.
- Rare net lease structure with tenant paying 100% of building outgoings including land tax.
- Securely leased with optional terms to 2031 and CPI annual rental increases.
- Victoria’s eastern suburbs hold an impressively low industrial vacancy rate of only 1.5%, highlighting the high demand and limited availability of industrial properties in the region^^.
*Approx.
^^Urbis.com.au Q2 2024.
For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding. We understand ‘AMA Group Solutions Pty Ltd’ (the lessee), to be a 100% subsidiary of AMA Group Limited. Please consult with a licensed financial advisor for due diligence and do not rely on the advice of Jones Real Estate Pty Ltd.
This remarkable investment opportunity will be sold with a secure lease in place to ASX listed 'AMA Group Ltd', the leader in the Australian and New Zealand collision repair industry and associated auto parts market with a market capitalisation of $310 million*.
Key highlights of this investment opportunity include:
- Total gross building area of 402sqm*, comprising of a high quality full tilt precast concrete construction, high clearance warehousing with roller door access, 4 car parks and zoned Industrial 1 (IN1Z).
- A blue-chip tenanted investment opportunity, leased to leading & ASX listed ‘AMA Group Ltd’ returning $67,011.60 per annum plus GST & Outgoings including Land Tax.
- 'AMA Group Ltd' is the leader in the Australian and New Zealand collision repair industry and associated auto parts market with a market capitalisation of $310 million*.
- Rare net lease structure with tenant paying 100% of building outgoings including land tax.
- Securely leased with optional terms to 2031 and CPI annual rental increases.
- Victoria’s eastern suburbs hold an impressively low industrial vacancy rate of only 1.5%, highlighting the high demand and limited availability of industrial properties in the region^^.
*Approx.
^^Urbis.com.au Q2 2024.
For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding. We understand ‘AMA Group Solutions Pty Ltd’ (the lessee), to be a 100% subsidiary of AMA Group Limited. Please consult with a licensed financial advisor for due diligence and do not rely on the advice of Jones Real Estate Pty Ltd.
Property ID: 504735924Last Updated: 14 Nov 2024
Jones Real Estate - AustraliaLevel 8, 1 Elizabeth Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000