Sold - $2,575,000 Time: 10:00 AM Date: 25/07/2023 Venue: AuctionWorks, 55 Margaret Street, Sydney
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Description
OzCar- Australia’s Leading Retailer Of Second Hand Motor Vehicles & 4WD
• Nation Leading Automotive Retailer • High Performance Long Term Investment • Net Lease Backed By Outstanding Retailer
1 Ebsworth Street, Tamworth is secured on a new 10 x 10 years to the OzCar Group – Australia’s nation leading retailer of second-hand motor vehicles operating 19 metropolitan and regional locations. OzCar is constantly expanding their presences across Queensland, New South Wales, ACT and Victoria.
Located upon Ebsworth Street, a main arterial road linking Tamworth CBD to Taminda. Taminda is the light industrial suburb of Tamworth supporting Tamworth’s bulky goods retailers, e commerce and light industry. The site is also highly visible being located opposite the main sporting ovals in Tamworth that generate national events all year round.
+ Brand new 10 year lease expiring 2033 plus 10 year option + Fixed annual increases @ 3% or CPI to which is ever the greater + Newly constructed administration office, mechanical workshops + wash bays & vehicle detailing + Investors to benefit from long term capital depreciation + Valuable 3,774 sqm* island site promoting over 140* cars – trading (7) days per week + Annual net rent $160,524.00* +GST
OzCar Tamworth is being sold via Public Auction in rooms Tuesday 25 July, 2023 @ 10:00am
To obtain an Information Memorandum or to arrange a site inspection, please contact Gary Blowes.
Selling in conjunction with Anthony Bray and Ryan Cross of Next Commercial.