Toyota dealership

An established dealership, this property comprises a modern showroom and service centre in the northern portion and offices, another showroom and service centre in the southern portion. Just 16km north of the Perth CBD, 12.5 million vehicles pass by each year. The property has a gross lettable area of 3,455sqm, supported by a 15 year lease with fixed rental increases of CPI plus 0.5% p.a.

Highlights

Ownership 100% - Charter Hall Direct Automotive Trust No.2
Total NLA (sqm) 3,455
Valuation $$9.71 million
Wale 15.0
Occupancy 100
Number of tenants 1
Major tenants Toyota

Investment

Open for investment
Ownership Fund
100% Charter Hall Direct Automotive Trust No.2