Cushman & Wakefield is pleased to exclusively present 499-511 Princes Highway & 130 Bath Road, Kirrawee. This iconic landholding sits on a substantial 14,730 sqm* (1.473 ha*) site at the heart of Southern Sydney’s premier automotive cluster. The site offers unparalleled main road exposure with 110m of frontage to the Princes Highway, one of Sydney’s busiest arterial thoroughfares. The property comprises four first-class automotive showrooms housing six globally recognised franchises, alongside two fully operational service centres with capacity for 55 work bays & vehicle hoists along with a dedicated car parts warehouse. The total lettable area across the 3 buildings spans 6,624 sqm and is supported by 8,379* sqm of external display areas and car parking provisions. The property is leased to Eagers Automotive (ASX: APE), Australia and New Zealand's leading automotive retailer. This resilient asset delivers a net income of $3.24 million* per annum with a weighted average lease expiry (WALE) of 8.5 years* and further options periods in place until 2054. Key features include: • Prime 14,730 sqm* landholding with 44.96% site coverage • Exceptional 110m* frontage to Princes Highway and 39m* frontage to Bath Road • Passing net rent of $3.24 million* p.a. with attractive annual review structure • Leased to ASX-listed Eagers Automotive, Australia and New Zealand’s largest automotive retail group • Secure annuity-style income with 8.5-year WALE, and two x 10-year options until 2054 • Four first-class showrooms housing six globally recognised automotive brands, including BYD, Volvo, Nissan, Volkswagen, Cherry & GM Speciality Vehicles • Two fully operational service centres with 55 dedicated car work bays and an ancillary car parts warehouse • Tenant responsible for all outgoings *Approximate 499-511 Princes Highway & 130 Bath Road, Kirrawee is being offered for sale via an Expression of Interest (EOI) campaign closing on Thursday, 28 August 2025 at 4.00pm (AEST). For further information or to arrange an inspection, please contact the exclusive agents.
Consulta por correo electrónico a Cushman & Wakefield - Sydney
Inmueble ID: 504919492
Original Inmueble ID: 504919492