4/428 Mt Dandenong Road, Kilsyth
INDUSTRIAL INVESTMENT WITH TRIPLE NET LEASE TO ASX LISTED AMA GROUP
Jones Real Estate is proud to present Building 4, 428 Mt Dandenong Road, Kilysth is For Sale via Private Negotiation.
This remarkable investment opportunity will be sold with a secure lease in place to ASX listed AMA Group, the leader in the Australian and New Zealand collision repair industry and associated auto parts market with a market capitalisation of $140 million*.
Key highlights of this investment opportunity include:
– A blue-chip tenanted investment opportunity, leased to leading & ASX Listed ‘AMA Group’ returning $61,007.40 per annum plus GST & Outgoings.
– AMA Group is the leader in the Australian and New Zealand collision repair industry and associated auto parts market with a market capitalisation of $140 million*.
– Rare triple 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.
– Total building area of 352sqm* and favourable Industrial 1 Zoning – IN1Z.
– High quality and high clearance concrete precast construction with roller shutter door access and 6 car parks on title.
– Victoria holds an impressively low industrial vacancy rate of only 1.3%, highlighting the high demand and limited availability of industrial properties in the region^^.
^^Urbis.com.au Q2 2023.
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.