101-107 Horne Street Sunbury VIC 3429

+ Brand new Fifteen (15) year lease to 2036 plus options to 2051.
+ Sunbury Ford: long established and award-winning dealership.
+ Rare, landlord-favourable, triple net lease terms with tenant responsible for rates, building insurance, public liability insurance and single holding land tax.
+ Tenant also responsible for all structural maintenance, repairs and replacement.
+ Fixed annual 2.5% rent increases assuring growth.
+ Immaculate 1,624sqm dealership with recent $2.8million tenant funded upgrade, offering significant tax saving depreciation benefits.
+ Gateway 4,687sqm site with important 83 metre frontage and 20,000+ vehicles passing daily.
+ Booming Car Sales Industry: new car sales up 28% and used car pricing up 40%.
+ Sunbury's average number of vehicles per household is 2.01, well above the national average of 1.80.*
+ Strategically located within the main retail and commercial precinct of Sunbury, home to various high-profile national tenants Bunnings, The Good Guys, Reece Plumbing, Big W, Woolworths, IGA, Dan Murphy's, Harris Scarfe, Petbarn, Autobarn, Bob Jane T-Marts, Ultra Tune, Supercheap Auto all within 1km.
+ Sunbury: booming growth corridor location, 34km north of Melbourne CBD with population forecast to grow 104% to 86,640 by 2041.**
+ Net Income: $500,000pa + GST

For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021

*Gapmaps
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Contact Agents
Jamie Perlinger 0413 860 315
Billy Holderhead 0422 817 696
Beau Coulter 0413 839 898
Zomart He 0488 220 830
Rick Jacobson 0413 830 083