Mount Gravatt dealerships

The seven dealerships across five properties at Mount Gravatt include Holden, Suzuki, Kia, Subaru, Mitsubishi, Peugeot and Mount Gravatt Wholesale. These are highly identifiable and are on the eastern and western sides of Logan Road. They dominate the Mount Gravatt automotive precinct, just 10km south of the Brisbane CBD, and 8.9 million vehicles travel past the sites each year. The properties have a gross lettable area of 13,033sqm, supported by a 10 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) 13,033
Valuation $42.0 million
Wale 10 years
Occupancy 100
Number of tenants 8
Major tenants Holden
Key tenants Suzuki, Kia, Subaru, Mitsubishi, Peugeot

Investment

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