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The LJ Hooker Commercial QLD Investment Team are delighted to present the The Black Toyota Group's Fitting and Fabrication Facility to the market for sale.Underpinned by a 10-year lease to Australia's Largest Car Dealership Group, AP Eagers, this asset offers the astute investor the rare opportunity to acquire a high yielding regional investment that offers cash flows underpinned by a tenant that has a proven track record in providing automotive solutions to both private and corporate consumers.AP Eagers has 250 dealerships throughout Australia and New Zealand, annual revenues exceeding $3.0 billion per annum and over 8,000 employees. The company is also listed on the Australian Securities Exchange and has grown to a market capitalisation of $3.13 billion. Features include:- Leased to AP Eagers (ASX:APE)- Triple net 10-year lease to 2024 with options until 2034- Outgoings 100% payable by the tenant- Annual rental reviews- Exceptional fabrication, workshop and hard stand facilities- 2.02Ha site area- High exposure industrial precinctNet Income: $448,799* pa + GSTFor further details, a copy of the information memorandum or to organise an exclusive inspection please contact Markus Eames or Daniel Cullinane of the LJ Hooker Commercial QLD Investment Team.*Approx
LJ Hooker Commercial Toowoomba
Ph: (07) 4688 2222 Email Office
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