Auction details
- Auction1April
Auction location: Crown Casino, Melbourne VIC
Contact the agent if you'd like further information.
Enquire with AgentRetail for Sale in Munno Para
Brand New Freehold | 10 Year Net Lease to Listed Global Auto Retail Giant Hankook Tire & Technology Co Ltd
- Building: 378m²
- Land: 1,403m²
Next Steps:
Enquire with agent+ Brand new 10 year net lease to September 2035 plus options to 2045
+ Jax Tyres & Auto: subsidiary of listed global automotive giant Hankook with 96 locations across Australia (1)
+ Tenant pays all usual outgoings including insurances, land tax and management fees
+ Guaranteed growth via fixed 3.5% annual rent increases
+ Immaculate 2025 construction completion providing significant depreciation benefits
+ Brand new 378sqm* freestanding tyre & auto service centre incorporating showroom & warehouse
+ Prime 1,403sqm* 'Torrens Title' (freehold) site with 21 on-title sealed and line car spaces
+ Within new LFR centre including RSEA, BCF, Sydney Tools, Petbarn, Nando's, Zarraffa's, Zambrero and more
+ Metre's from Playford Alive, one of Australia's largest urban renewal projects projected to house 40,000 people upon completion (2)
+ Munno Para: booming metro Adelaide growth suburb with population forecast to surge 146% by 2046 (3)
+ City of Playford: the fastest growing LGA in South Australia, with population forecast to grow 65% by 2041 (4)
+ No stamp duty payable
+ Net Income: $114,000pa* + GST
To be sold via Investment Portfolio Auction
10:30am AEDT Wednesday 1 April 2026
Crown Casino, Melbourne
*Approx
1. Jax Tyres & Auto
2. Playford Alive
3. Profile.id
4. Plan SA
378m²
1,403m² / 0.35 acres
Tenanted
Next Steps:
Enquire with agentAgents
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