BYD Garbutt, Townsville

Opportunity Highlights:

1. Rare 34,730sqm* freehold corner site within an established automotive precinct, comprising 7,167sqm* GLA across contemporary showroom, workshop, office and parts facilities plus over 18,858sqm* of hardstand
2. Net lease to AP Townsville, a wholly owned subsidiary of Eagers Automotive Limited (ASX: APE) — Australia's largest automotive retail group with 250+ locations and revenue exceeding $8.4 billion
3. Renewed 5-year lease term commencing 31 October 2026 with two further 5-year options, providing potential occupancy to 2041 - materially reducing near-term leasing risk
4. Fixed annual rent reviews of 3.25% on 1 October each year, delivering contracted income growth well above long-term inflation
5. Tenant responsible for all outgoings including rates, taxes, insurance and maintenance, providing a low-maintenance, high-clarity income stream
6. Commanding over 320m* of dual-street frontage at the intersection of Duckworth Street and Woolcock Street, the key arterial connecting Townsville Airport to the CBD
7. Fitted out to BYD's global brand standards, including EV charging infrastructure, providing direct exposure to Australia's fastest-growing new energy vehicle brand
8. Low site coverage ratio of approximately 21%*, offering significant surplus land for future expansion, redevelopment or repositioning
9. Strategically positioned within 2km* of Townsville Airport and 6km* of the CBD, surrounded by the city's most significant economic anchors including Lavarack Barracks, Townsville University Hospital and the Port of Townsville

*Approximately

For more information or to arrange an inspection, please contact the exclusive agents.