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77 Bentinck Street
Bathurst NSW 2795
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Sold on 26 Mar 2024

77 Bentinck Street Bathurst NSW 2795

  • Shop & Retail
  • 1 m²
  • Sold

Immaculate JAX Tyres & Auto Investment - New 7 Year Net Lease to 2031

    Burgess Rawson is pleased to offer to market the Jax Tyres & Auto at 77 Bentinck Street, Bathurst NSW for sale via our Investment Auction Portfolio 167.

    The property has the following investment highlights:

    + Brand new 7 year lease to 2031 plus options to 2041
    + JAX Tyres & Auto: wholly owned entity of Hankook Tire (KRX Listed) market cap of over $7.68b**
    + Fixed 3.5% compounding annual increases ensuring guaranteed rental growth
    + Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, insurance, land tax and management (capped at 3%) as per the lease
    + High profile 1,088sqm* corner landholding with new substantial tenant fitout
    + Strategic position next to major Woolworths anchored Bathurst City Centre shopping centre and in close proximity to other major brands including Mitre 10, Aldi, Commonwealth Bank & Tradelink
    + Bathurst: thriving inland city and renowned motorsport mecca, home to Mt Panorama and Bathurst 1000 - higher proportion of household spending on tyres & vehicle servicing than the state average
    + Central West: thriving region with 182,000+ people, set to experience significant growth^
    + Net Income $150,000 pa* + GST

    To be sold by Investment Portfolio Auction
    10:30am AEDT Tuesday 26 March 2024
    Yallamundi Rooms, Sydney Opera House

    Bidder registration required, register here: www.portfolioauctions.com.au

    Please contact the exclusively appointed sales team for more information.

    *Approx
    **KRX: As of 27/02/2024 converted to AUD (approx)
    ^dataau.com.au

    AUCTION

    Auction date and time26/03/2024 10:30
    Auction locationYallamundi Rooms, Sydney Opera House
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold26 Mar 2024
    Floor Area1 m²
    Land Area1,088 m²
    ParkingAsk Agent
    Property ID2019115798
    Category
    Last updated  28 Mar 2024
    Map for 77 Bentinck Street Bathurst NSW 2795

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    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold26 Mar 2024
    Floor Area1 m²
    Land Area1,088 m²
    ParkingAsk Agent
    Property ID2019115798
    Category
    Last updated  28 Mar 2024

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188
    Rhys Parker
    Burgess Rawson Sydney
    Call
    0451 101 042
    Flynn McFall
    Flynn McFall
    Burgess Rawson Sydney
    Call
    0481 187 191

    More about 77 Bentinck Street Bathurst NSW 2795

    77 Bentinck Street Bathurst NSW 2795 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 1,088 m². The listing ID for this property is 2019115798.

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