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88-96 Adelaide Street Maryborough, QLD 4650

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88-96 Adelaide Street,
Maryborough, QLD 4650

Development Sites & Land • Showrooms & Large Format Retail • Warehouse, Factory & Industrial

Price information

Sale

Expression of Interest

Key property information

Land area

Floor area

Car spaces

Property extent

Tenure type

Private inspections

to arrange a private inspection.

Map of 88-96 Adelaide Street

Directions
  • Train stations within 5 km of 88-96 Adelaide Street, Maryborough, QLD 4650Distance
    Maryborough Station307 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 88-96 Adelaide Street, Maryborough, QLD 4650Distance
    Alice St Near Bazaar Street212 m
    Service Rd Near Alice St282 m
    Lennox Street at St Marys College380 m
    Ann Street NR Lennox Street383 m
    Kent St Near Adelaide St460 m
    POWERED BY HERE ©
POWERED BY HERE ©

Regional Investment Opportunity with ASX Listed Tenant Covenant

Colliers Toowoomba is pleased to present 88-96 Adelaide Street, Maryborough to the sale market via Expressions of Interest.

Located in the Fraser Coast Region of South East Queensland and underpinned by ASX listed automotive powerhouse, AP Eagers 'Port City Autos' Adelaide Street offers a long-term investment opportunity with a secure net income of $379,871 per annum.

Features Include:
- Net income of $379,871 per annum with CPI > 3% increases
- Secure tenant covenant to 'Port City Autos Pty Ltd on a 10-year lease with a further 3 x 5-year options
- Land area of 5,942m2* zoned Principal Centre across 5 titles
- Net lettable area 2,750m2* across 2 separate buildings
- Building one fronts comprises of a 1,300 m2* semi modern showroom with administration hub and staff amenities plus a covered display area with a small workshop used for car detailing
- Building two offers a 1,550m2* modern high clearance workshop, with associated customer reception area, and parts/service area
- Additional improvements include a large 1,450m2* hardstand area is used for the display/storage of motor vehicles
- Multitude of future development options (STCA)
- Port City Autos Pty Ltd is listed as one of subsidiaries of AP Eagers Ltd; one of Australia's largest car dealers, which has a market capitalisation of over $1.5bn and $3.6bn in annual revenue

This site offers an astute investor an opportunity to purchase a sizeable regional investment and capture the expected continued growth of the local market for years to come.

For more information or to arrange an inspection, please contact Dan Dwan of Colliers Toowoomba.
* approx.

Property ID: 504242864Last Updated: 24 Sep 2024

04887992...
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88-96 Adelaide Street
Maryborough, QLD 4650
Colliers - Toowoomba
171 Hume Street
TOOWOOMBA CITY, QLD 4350

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