855-859 Nepean Highway,
Brighton, VIC 3186
Shops & Retail
Price information
Sale - Expression of Interest closing Wed 31 Jul
Contact Agents
Key property information
Land area
Floor area
Property extent
Tenure type
Expression of Interest
Private inspections
to arrange a private inspection.
JLL - Melbourne
Level 33, 101 Collins StreetMELBOURNE, VIC 3000
855-859 Nepean Highway
Brighton, VIC 3186
Map of 855-859 Nepean Highway
Train stations within 5 km of 855-859 Nepean Highway, Brighton, VIC 3186 Distance Gardenvale Station 205 m North Brighton Station 1.1 km Elsternwick Station 1.2 km Ripponlea Station 2.2 km Middle Brighton Station 2.3 km POWERED BY HERE ©Tram stops within 5 km of 855-859 Nepean Highway, Brighton, VIC 3186 Distance 46-Orrong Rd/Glenhuntly Rd (Elsternwick) 1.1 km 45-Elsternwick Shopping Centre/Glenhuntly Rd (Elsternwick) 1.2 km 47-Shoobra Rd/Glenhuntly Rd (Elsternwick) 1.2 km 44-Elsternwick Railway Station/Glenhuntly Rd (Elsternwick) 1.2 km 48-Parkside St/Glenhuntly Rd (Elsternwick) 1.3 km POWERED BY HERE ©Bus stops within 5 km of 855-859 Nepean Highway, Brighton, VIC 3186 Distance Gardenvale Station/Nepean Hwy (Brighton) 186 m Cochrane St/Martin St (Brighton) 408 m Downshire Rd/Riddell Pde (Elsternwick) 424 m Orrong Rd/Riddell Pde (Elsternwick) 452 m Begonia Rd/Gardenvale Rd (Gardenvale) 461 m POWERED BY HERE ©
POWERED BY HERE ©
The Freehold Interest in One Of Australia's Premiere Luxury Car Dealerships For Sale
- 12-year lease to global listed entity
- Located in Melbourne's Bayside suburbs
- Desirable annual rental increases
JLL Retail Investments, acting under instruction from Advise Transact, is delighted to present for Sale 855-859 Nepean Highway, Brighton. An unprecedented opportunity to become the landlord of an established car dealership, and gain exposure to an exceptional tenant covenant in Penske Automotive Group (NYSE: PAG).
Key Property Highlights:
+ Purpose built, state-of-the-art dealership, which recently underwent major expansion and refurbishment in 2019
+ Located in one of Melbourne’s most affluent and expensive Bayside suburbs
+ Long-term 12-year lease to Fortune 500 covenant – Penske Automotive Group (NYSE:PAG)
+ NET Lease structure with the tenant responsible for all usual outgoings, including Land Tax (increase over base year)
+ Highly desirable annual rental increases providing guaranteed net income growth
+ Situated on a 4,049sqm* Commercial 2 Zoned (C2Z) corner landholding with a combined 133m of prime retail frontage providing exceptional exposure
+ Located on the major arterial roadway, Nepean Highway, widely regarded as the ‘Golden Mile of Cars’ with exposure to over 64,000 daily passing vehicles
+ Current passing rental of $1,430,000 p.a. + GST
855-859 Nepean Highway, Brighton is for sale by Expressions of Interest, closing on Thursday 31st July 2024 at 3:00pm (AEST)
To obtain further information or to arrange an inspection, please contact the agents below:
Stuart Taylor | +61 428 000 0...
Tom Noonan | +61 402 319 6...
Jarrod Herscu | +61 418 155 0...
Mingxuan Li | +61 498 688 998
中文普通话咨询物业详情，请联系Mingxuan Li李名轩。 手机： 0498 688 998， 电子邮件： Mingxuan.Li@jll.com， 或微信ID: Mingxuanli777
Key Property Highlights:
+ Purpose built, state-of-the-art dealership, which recently underwent major expansion and refurbishment in 2019
+ Located in one of Melbourne’s most affluent and expensive Bayside suburbs
+ Long-term 12-year lease to Fortune 500 covenant – Penske Automotive Group (NYSE:PAG)
+ NET Lease structure with the tenant responsible for all usual outgoings, including Land Tax (increase over base year)
+ Highly desirable annual rental increases providing guaranteed net income growth
+ Situated on a 4,049sqm* Commercial 2 Zoned (C2Z) corner landholding with a combined 133m of prime retail frontage providing exceptional exposure
+ Located on the major arterial roadway, Nepean Highway, widely regarded as the ‘Golden Mile of Cars’ with exposure to over 64,000 daily passing vehicles
+ Current passing rental of $1,430,000 p.a. + GST
855-859 Nepean Highway, Brighton is for sale by Expressions of Interest, closing on Thursday 31st July 2024 at 3:00pm (AEST)
To obtain further information or to arrange an inspection, please contact the agents below:
Stuart Taylor | +61 428 000 0...
Tom Noonan | +61 402 319 6...
Jarrod Herscu | +61 418 155 0...
Mingxuan Li | +61 498 688 998
中文普通话咨询物业详情，请联系Mingxuan Li李名轩。 手机： 0498 688 998， 电子邮件： Mingxuan.Li@jll.com， 或微信ID: Mingxuanli777
Property ID: 504625044Last Updated: 4 Jul 2024
JLL - MelbourneLevel 33, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.