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77 Bentinck Street, Bathurst, NSW, 2795

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77 Bentinck Street, Bathurst, NSW, 2795

77 Bentinck Street, Bathurst, NSW, 2795

Properties / Sold / New South Wales / Bathurst
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Price on Request
Land Area
1,088 m² (*approx)
Floor Area
1 m² (*approx)
Property Type
Retail, Other, Industrial
Sub-type
Office/Warehouse, Mixed Use
Terms
Brand new 7 year lease to 2031 plus options to 2041
Est. Income
$150,000 p/a
Fully Leased
JAX Tyres & Auto
Show All

2. Property Highlights

Immaculate JAX Tyres & Auto Investment - New 7 Year Net Lease to 2031
  • Brand New 7 Year Lease to 2031
  • Fixed 3.5% Annual Increases
  • Net Income $150,000 pa* + GST

Burgess Rawson is pleased to offer to market the Jax Tyres & Auto at 77 Bentinck Street, Bathurst NSW for sale via our Investment Auction Portfolio 167.

The property has the following investment highlights:

+ Brand new 7 year lease to 2031 plus options to 2041

+ JAX Tyres & Auto: wholly owned entity of Hankook Tire (KRX Listed) market cap of over $7.68b**

+ Fixed 3.5% compounding annual increases ensuring guaranteed rental growth

+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, insurance and land tax (single holding)

+ High profile 1,088sqm* corner landholding with new substantial tenant fitout

+ Strategic position next to major Woolworths anchored Bathurst City Centre shopping centre and in close proximity to other major brands including Mitre 10, Aldi, Commonwealth Bank & Tradelink

+ Bathurst: thriving inland city and renowned motorsport mecca, home to Mt Panorama and Bathurst 1000 - higher proportion of household spending on tyres & vehicle servicing than the state average

+ Central West: thriving region with 182,000+ people, set to experience significant growth^

+ Net Income $150,000 pa* + GST

To be sold by Investment Portfolio Auction

10:30am AEDT Tuesday 26 March 2024

Yallamundi Rooms, Sydney Opera House

Bidder registration required, register here: https://auctionslive.com/app/bidder-registration/5dvjl

Please contact the exclusively appointed sales team for more information.

*Approx

**KRX: As of 27/02/2024 converted to AUD (approx)

^dataau.com.au

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail, Other, Industrial
Sub-type
Office/Warehouse, Mixed Use
Est. Income
$150,000 p/a
Tenant
JAX Tyres & Auto
Terms
Brand new 7 year lease to 2031 plus options to 2041
Land Area
1,088 m² (*approx)
Floor Area
1 m² (*approx)
Selling Method
Auction
Auction Date
26 Mar 2024 10:30AM
Selling Details
Price on Request

2. Property Highlights

Immaculate JAX Tyres & Auto Investment - New 7 Year Net Lease to 2031
  • Brand New 7 Year Lease to 2031
  • Fixed 3.5% Annual Increases
  • Net Income $150,000 pa* + GST

Burgess Rawson is pleased to offer to market the Jax Tyres & Auto at 77 Bentinck Street, Bathurst NSW for sale via our Investment Auction Portfolio 167.

The property has the following investment highlights:

+ Brand new 7 year lease to 2031 plus options to 2041

+ JAX Tyres & Auto: wholly owned entity of Hankook Tire (KRX Listed) market cap of over $7.68b**

+ Fixed 3.5% compounding annual increases ensuring guaranteed rental growth

+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, insurance and land tax (single holding)

+ High profile 1,088sqm* corner landholding with new substantial tenant fitout

+ Strategic position next to major Woolworths anchored Bathurst City Centre shopping centre and in close proximity to other major brands including Mitre 10, Aldi, Commonwealth Bank & Tradelink

+ Bathurst: thriving inland city and renowned motorsport mecca, home to Mt Panorama and Bathurst 1000 - higher proportion of household spending on tyres & vehicle servicing than the state average

+ Central West: thriving region with 182,000+ people, set to experience significant growth^

+ Net Income $150,000 pa* + GST

To be sold by Investment Portfolio Auction

10:30am AEDT Tuesday 26 March 2024

Yallamundi Rooms, Sydney Opera House

Bidder registration required, register here: https://auctionslive.com/app/bidder-registration/5dvjl

Please contact the exclusively appointed sales team for more information.

*Approx

**KRX: As of 27/02/2024 converted to AUD (approx)

^dataau.com.au

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

77 Bentinck Street, Bathurst, NSW, 2795

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