Share this property

realcommercial.com.au
Burgess Rawson  - Perth

Midland Toyota, 163-169 Great Eastern Highway Midland, WA 6056

Directions

Midland Toyota, 163-169 Great Eastern Highway,
Midland, WA 6056

Showrooms & Large Format Retail • Warehouse, Factory & Industrial • Shops & Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Burgess Rawson  - Perth
Brodie Keay
Chris Carcione

Burgess Rawson - Perth

Level 10, 225 St Georges Terrace
PERTH, WA 6000
Burgess Rawson  - Perth
Midland Toyota, 163-169 Great Eastern Highway
Midland, WA 6056

Map of Midland Toyota, 163-169 Great Eastern Highway

Directions

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: $588,075pa* + GST (as at December 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: 19 Dec 2024

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Burgess Rawson - Perth

Other properties you might be interested in based on the location and property type you are looking at.