3/428 Mt Dandenong Road, Kilsyth

PASSIVE INDUSTRIAL INVESTMENT WITH NET LEASE TO ASX LISTED ‘AMA GROUP LTD’!

Jones Real Estate is pleased to present Warehouse 3, 428 Mt Dandenong Road, Kilsyth, For Sale via Public On-Site Auction on Tuesday 10th December 2024 at 10:30am.

This remarkable investment opportunity will be sold with a secure lease in place to ASX listed ‘AMA Group Ltd’, the leader in the Australian and New Zealand collision repair industry and associated auto parts market with a market capitalisation of $310 million*.

Key highlights of this investment opportunity include:

– Total gross building area of 402sqm*, comprising of a high quality full tilt precast concrete construction, high clearance warehousing with roller door access, 4 car parks and zoned Industrial 1 (IN1Z).

– A blue-chip tenanted investment opportunity, leased to leading & ASX listed ‘AMA Group Ltd’ returning $67,011.60 per annum plus GST & Outgoings including Land Tax.

– ‘AMA Group Ltd’ is the leader in the Australian and New Zealand collision repair industry and associated auto parts market with a market capitalisation of $310 million*.

– Rare net lease structure with tenant paying 100% of building outgoings including land tax.

– Securely leased with optional terms to 2031 and CPI annual rental increases.

– Victoria’s eastern suburbs hold an impressively low industrial vacancy rate of only 1.5%, highlighting the high demand and limited availability of industrial properties in the region^^.

*Approx.
^^Urbis.com.au Q2 2024.

For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding. We understand ‘AMA Group Solutions Pty Ltd’ (the lessee), to be a 100% subsidiary of AMA Group Limited. Please consult with a licensed financial advisor for due diligence and do not rely on the advice of Jones Real Estate Pty Ltd.