188 Great Eastern Highway Midland WA 6056

Burgess Rawson is delighted to offer to the market Midland City LDV at 188 Great Eastern Highway, Midland WA 6056 for sale via Private Treaty.

The property has the following key highlights:

+ 12 year lease to Autoleague LDV through to 2030 plus options to 2055.
+ LDV: a SAIC Motor, Fortune Global 500 public company.
+ Landlord-favourable net lease, with tenant responsible for all outgoings.
+ Annual CPI + 1% rent reviews.
+ Immaculate 549sqm* freestanding dealership incorporating showroom, offices, and workshop.
+ Landmark 1,369sqm* freehold site with frontage and clear visual exposure to 26,000 vehicles passing daily on Great Eastern Highway. (1)
+ Booming Car Sales Industry: 97,202 new car sales sold across Australia in April 2024 up 18.3% Year-on-Year. (2)
+ Midland/Midvale's average number of vehicles per household is 1.9, well above the national average of 1.76. (1)
+ Position perfectly within the Midland dealership precinct, amongst Kia, Suzuki, Hyundai, MG, Nissan, plus more.
+ City of Swan: Booming growth location, 20km* north-east of Perth CBD, with population forecast to grow 88%* by 2055. (3)
+ Net income: $148,320pa* + GST

To be sold by Private Treaty.

Please contact the exclusively appointed sales team for more information.

WA Office
Brodie Keay 0403 552 809
Chris Carcione 0415 393 082
Richard Giorgi 0468 697 093

Melbourne Office
Raoul Holderhead 0413 860 304
Matthew Wright 0458 290 588

*Approx
1 GapMaps
2 FCAI
3 .id