Mitsubishi dealership and Subaru service centre

The property will comprise a dealership with showroom, office, service centre and external display areas. A separate Subaru service centre will also form part of the development. The property (subject to development), is in a high profile location along the Hume Highway, 27km south west of the Sydney CBD, and will have a gross lettable area of 3,172sqm, supported by a 15 year lease and fixed rental increases of CPI plus 0.5% p.a.

Highlights

Ownership 100% - Charter Hall Direct Automotive Trust No.2
Total NLA (sqm) 3,172
Valuation $16.25 million (as if complete)
Wale 14 years
Occupancy 100
Number of tenants 2
Major tenants Mitsubishi
Key tenants Subaru

Investment

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