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Jones Real Estate - Australia

3/428 Mt Dandenong Road Kilsyth, VIC 3137

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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

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Jones Real Estate - Australia
Dan Hannebery
Paul Jones

Jones Real Estate - Australia

Level 8, 1 Elizabeth Street
MELBOURNE, VIC 3000
Jones Real Estate - Australia
3/428 Mt Dandenong Road
Kilsyth, VIC 3137

Map of 3/428 Mt Dandenong Road

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  • Train stations within 5 km of 3/428 Mt Dandenong Road, Kilsyth, VIC 3137Distance
    Mooroolbark Station2.1 km
    Croydon Railway Station (Croydon)2.2 km
    Ringwood East Station4.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 3/428 Mt Dandenong Road, Kilsyth, VIC 3137Distance
    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.

Property ID: 504735924Last Updated: 14 Nov 2024

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