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192 Great Eastern Highway
Midland WA 6056
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192 Great Eastern Highway Midland WA 6056

  • Showrooms / Bulky Goods
  • 1,116 m²
  • Commercial Auction

12 Year Net Lease Inc Land Tax | MG: Owned by SAIC Motor, a Fortune Global 500 ranked public company

    Burgess Rawson is delighted to offer to the market Midland City MG at 192 Great Eastern Highway, Midland WA for sale via Investment Portfolio Auction 175.

    This property investment highlights include:

    + Twelve (12) year lease to 2030 plus options to 2055.
    + Substantial security with $462,343 Bank Guarantee.
    + Landlord-favourable, attractive net lease terms with the tenant responsible for outgoings including rates, land tax, insurance and maintenance.
    + Highly sought after Annual CPI plus 1% rent reviews.
    + 1,116sqm* of freestanding dealership incorporating showroom, office and workshop.
    + Landmark 3,617sqm* corner site (two (2) titles) with a combined 100 metres* frontage including 38 metres* along Great Eastern Highway
    + Exposure to 26,000 vehicles passing daily.
    + Booming Car Sales Industry: 97,202 new car sales sold across Australia in April 2024 up 18.3% Year-on-Year.
    + Midland average number of vehicles per household is 1.9, well above the national average of 1.76.
    + Strategically located within the Midland dealership precinct, which is home to Kia, Suzuki, Hyundai, LDV, Nissan and more.
    + Midland: Growing residential precinct, 20km* from the Perth CBD, with population forecast to grow 44% by 2051.
    + Net income: $369,654 pa * + GST **

    To be sold by Investment Portfolio Auction
    10:30am AEDT Wednesday, 26 March 2025
    Crown Casino, Melbourne VIC

    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
    ** Includes COVID deferred income

    AUCTION

    Auction date and time26/03/2025 10:30
    Auction locationCrown Casino - River Room - Melbourne
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Floor Area1,116 m²
    Land Area3,617 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019821214
    Category
    Last updated  26 Feb 2025
    Map for 192 Great Eastern Highway Midland WA 6056

    Nearest transport* to 192 Great Eastern Highway Midland WA 6056

    Bus
    Train
    Tram
    Ferry
    Great Eastern Hwy Before Ferguson St138 m
    Great Eastern Hwy Before Ferguson St220 m
    Great Eastern Hwy After Loton Av263 m
    Great Eastern Hwy After Lloyd St282 m
    Data source: Transperth. This data is available free of charge fromwww.transperth.wa.gov.au.
    *Within a 4km radius
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    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Floor Area1,116 m²
    Land Area3,617 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019821214
    Category
    Last updated  26 Feb 2025

    More about 192 Great Eastern Highway Midland WA 6056

    192 Great Eastern Highway Midland WA 6056 is categorized as Showroom & Bulky Goods Property. It has a floor area of 1,116 m² and a land area of 3,617 m². The listing ID for this property is 2019821214.

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