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Address available on request Batemans Bay, NSW 2536

Address available on request,
Batemans Bay, NSW 2536

Warehouse, Factory & Industrial • Showrooms & Large Format Retail

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Fully leased investment

  • Highway location
  • New building
  • Leased investment
Jones Lang LaSalle is proud to offer 9 Kylie Crescent, Batemans Bay for Sale by Expressions of Interest. This sale represents an excellent opportunity to acquire a freehold investment leased to strong covenant on a long term lease.

Salient features of the property include:
- Leased to Alan May Honda who has over 20 years experience in the local automotive industry
- 10 + 5 + 5 year lease (commenced March 2010)
- Brand new award winning building
- Annual 4% increases
- Net income: $161,180*
- Indicative Price: $1,800,000* - 9% net return

Location:
The property is located at the Western side of the Princes Highway, just South of the CBD in the seaside town of Batemans Bay. The property is visible from both directions of the Princes Highway as well as Orient Street.

Building areas:
Showroom 440sqm
Workshop 220sqm
Total 620sqm

Site Area: 2890 sqm*

Property description:
The building which was completed in early 2010 consists of approximately 400 sqm of air conditioned car showroom built to the highest of standards. Below the showroom with roller door access from the rear of the property is a fully equipped vehicle service workshop and parts storage area of approximately 220 sqm.

* approx

For more information or to arrange your inspection, please contact:

Sam Brewer
Ph: 02 9693 9805
M: 0411 158 684
E: sam.brewer@ap.jll.com

Michael Ajaka
Ph: 02 9693 9811
M: 0408 488 655
E: michael.ajaka@ap.jll.com

Property ID: 500169166Last Updated: 26 Jun 2015

02 9693 98...
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Address available on request
Batemans Bay, NSW 2536
JLL - Mascot
Suite 5.01, Level 5, Connect Corporate Centre, 191 O'Riordan Street
MASCOT, NSW 2020

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