New Supercheap Auto Investment | Leased to ASX Listed Super Retail Group
+ Long 8 Year Lease to 2032 + Opts + Supercheap Auto: 300+ Stores + Net Lease - Tenant Pays Land Tax
Burgess Rawson are pleased to offer to the market the Supercheap Auto located at 19 Antlia Way, Australind WA for sale via Investment Auction Portfolio 171.
The property has the following investment highlights:
+ Long 8 year lease to Supercheap Auto to 2032 plus options to 2042. + Supercheap Auto: est. 1972, iconic automotive parts and accessories retailer, operating 330+ sites across Australia and New Zealand with $1.448 billion in sales in FY23 and a team of 3,800+.** + Super Retail Group: one of Australia and New Zealand's largest retailers and ASX-listed top 200 company with a market cap of $3.6 billion, 9.7 million club members and 14,000+ staff globally.** + Recently built 786sqm* premises with extensive 44m frontage to Antlia Way, incorporating expansive showroom, staff rooms and rear loading. + Landmark 1,552sqm* freehold with 13 on-title car parks. + Situated in the heart of Australind's bustling large format retail/ industrial precinct, complemented by Salvo's, Vinnie's, Bunnings, 7-Eleven, McDonalds, Treendale Shopping Centre and more. + Landlord favourable net lease terms with tenant paying all outgoings including land tax. + Recent build providing significant tax depreciation benefits. + Australind: south-eastern WA growth corridor location, servicing a trade catchment of 102,332 people***** with average median house prices increasing 20%+ in the past 12 months.*** + Greater Bunbury: forecast population of 150,000 by 2041 and 'economic hub' of the south-west WA region, Gross Regional Product $11.7 billion and $1.7 billion worth of projects in pipeline. **** + Net Income: $176,940 pa* + GST
To be sold via Investment Portfolio 171 10:30am AEST Wednesday 18 September Crown Casino River Rooms, Melbourne
* Approx ** Super Retail Group *** Realestate.com.au **** Greater Bunbury *****Deep End Services