Blue Chip Sunshine Coast Investment – 100% Leased to Powerhouse Tenants

  • $2,500,000/Contact the Stonebridge Team

Property Description

Stonebridge is pleased to present ‘Bridgestone & Auto Masters Aura Caloundra (Sunshine Coast)’ for sale via National Portfolio Auction on Friday 31 October at 11am (AEDT).

The asset has the following key investment features:

– Bridgestone – Secure 10 year net lease to 2033 + options to 2043 with fixed 3% annual rent increases

– Bridgestone – Australia’s largest tyre retailer with 340+ stores nationally, market cap of AUD $47Bn* and wholly owned subsidiary of Tokyo listed Bridgestone Corporation

– Auto Masters – Secure 12 year net lease to 2035 + options to 2050 with the greater of CPI or 2% annual rent increases

– Auto Masters – Successful Tyre & Auto operator established for over 50 years and boasting 93+ locations nationally

– Outstanding Net Lease structures – Truly passive investment with tenants paying all outgoings including Insurance, Management Fees and Land Tax

– Expansive 1,506 sqm* freehold site in prized Aura Business Park, surrounded by significant amenity and a plethora of national tenants

– Modern purpose-built Tyre & Auto asset comprising a concrete tilt panel building with four high clearance roller doors and 14 car parks, developed in 2023 and providing significant depreciation benefits

– High profile position in Aura’s major retail precinct, alongside McDonald’s, KFC, Guzman y Gomez, Oporto, Mitre 10, Sydney Tools, RSEA Safety, World Gym, and EG Ampol

– Directly opposite $80m* ‘Aura Home + Life’, under construction and set to welcome Spotlight, Anaconda, Petstock, Harris Scarfe, Beacon Lighting and Pillow Talk

– Aura Caloundra – $9Bn* Stockland master planned community and Australia’s fastest growing residential development (2,000+ new resident pa), estimated to deliver 20,000+ dwellings for 50,000+ residents

– Sunshine Coast – Booming region with $18.5 Billion economy and rapid population growth forecast to exceed 500,000 by 2041

– Net Income $219,872 pa* + GST

‘Auto Masters & Bridgestone Aura (Caloundra)’ is for sale via National Portfolio Auction on Friday 31 October at 11am (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Our Ref: National Portfolio

Property Code: 1461

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