188 Duke Street & 62 Burke Street Braybrook VIC 3019

Burgess Rawson is pleased to offer to market 'AMA Group Limited' located at 188 Duke Street & 62 Burke Street, Braybrook VIC for sale via Auction Investment Portfolio 174.

The property has the following key investment highlights:

+ Renewed Five (5) year net lease to AMA Group Limited to October 2028, with One (1) further Five (5) year option to October 2033.
+ Investor preferred net lease terms with AMA Group Limited responsible for all outgoings including single holding land tax.
+ Fixed 3% annual rent increases, ensuring continued income growth.
+ AMA Collision: A leading provider of drivable and non-drivable passenger vehicle collision repair services, completing over 89,000 vehicle repairs annually, employing over 1,200 team members across 150 sites nationally. The company is wholly owned by the ASX-listed AMA Group Limited. (1)
+ AMA Group Limited (ASX:AMA): A leader in the Australian automotive industry, specialising in collision repair services and associated solutions, employing over 3,400 team members internationally and fixing over 250,000 vehicles annually. (2)
+ Long-standing business on-site for 37+ years, demonstrating strong commitment to the location and business operations.
+ Significant 1,965sqm* building smash repair centre over 2 buildings including large warehouse, office, hardstand and 38 on-site car spaces.
+ Highly desirable 3,451sqm* Commercial 2 (C2Z) Zoned landholding with important 58m* dual frontage to Duke and Burke Street.
+ Highly specialised and capital-intensive internal fit-out tailored specifically to AMA Groups operation and repair requirements, further strengthening continued occupancy.
+ Located 1km* from Ballarat Road, a key linkage road connecting Melbourne through to Ballarat and servicing more than 47,000 passing vehicles daily. (3)
+ Strategically located 5km* from Highpoint Shopping Centre, anchored by Coles and Woolworths supermarkets, complimented by national tenants David Jones, Myer, Kmart, Big W, Zara, Mecca, Apple, Uniqlo, Rebel, and supported by 442 specialty stores along with over 7,300 parking spaces. This is situated in a Large Format Retail Precinct supported by Bunnings Warehouse, Harvey Norman, Spotlight, Officeworks, Good Guys, JB Hi-Fi.(4)
+ Braybrook: Developing inner metro suburb, with population forecast to increase by 43.4% by 2051.(5)
+ Maribyrnong City: 8km* north-west of Melbourne CBD, projecting significant population growth of 63% to 155,006 residents by 2051. (5)
+ Net Income: $250,750pa* + GST.

For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 19 February 2025
River Room - Crown Casino, Melbourne

* Approx
1 Capital Smart
2 AMA Group
3 Gapmap
4 Highpoint Maribyrnong https://www.highpoint.com.au/centre-info/about-us
5 Forecast.id