 Asset Class: | Show Room |
 Price: | $ 3500000 |
 Net Yield: | 6.50 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
Strategically positioned in the economic heart of South Gippsland, this premium showroom investment delivers a long-term, stable income backed by a wholly owned subsidiary of <b>Motus Holdings Ltd</b>, a leading global automotive group. Built in 2013 and occupying 2,060 sqm of high-exposure land, the property is purpose-built for automotive retail and benefits from 93 metres of highway frontage, visible to over 11,000 vehicles daily.<br><br>With an existing lease in place through to <b>September 2027</b> and <b>two additional 5-year options</b>, this is a high-calibre opportunity for investors seeking low-risk, income-producing commercial property.
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Is this lease a leaseback arrangement?
Leongatha is a thriving commercial centre in South Gippsland, known for its robust agricultural base and rapid regional development. The town benefits from strong population retention, major infrastructure investment, and its proximity to Melbourne.<br><br>Key Location Features:<br><br>135 km southeast of Melbourne — accessible via South Gippsland Hwy<br><br>High-traffic location — 93m frontage, 11,000+ daily vehicle exposure<br><br>Nearby Services — Leongatha Hospital, education precinct, rail, and shopping<br><br>Tourism Influence — Close to Wilsons Promontory and South Gippsland wine and dairy trails<br><br>Local Employers — Burra Foods, ViPlus Dairy, Murray Goulburn, and more<br><br>South Gippsland Demographics:<br><br>Population: ~30,800<br><br>Median Age: 49<br><br>Median Weekly Household Income: $1,280<br><br>Top Industries: Agriculture, manufacturing, healthcare, tourism
Additional Location Information File<b>Gippsland Motor Group Pty Ltd</b><br><b>A wholly owned subsidiary of Motus Holdings Ltd (JSE: MTH)</b><br><br>Gippsland Motor Group is a well-established regional automotive dealership, operating from a high-exposure, purpose-built facility in Leongatha. Representing trusted brands such as Subaru and Isuzu Ute, the business has been a tenant at 6–8 Koonwarra Road since 2017, with a long-term lease in place and ongoing investment in the site.<br><br>The tenant is a wholly owned subsidiary of Motus Holdings Ltd, a multinational automotive powerhouse listed on the Johannesburg Stock Exchange (JSE: MTH). Motus employs over 19,800 people globally and manages more than 300 dealerships across its international network.<br><br>In Australia, Motus operates through multiple well-known retail brands, with a footprint of over 45 franchised dealerships nationwide. Its operations span vehicle importation, distribution, retail, rental, after-market parts, and mobility solutions, giving the group a vertically integrated and highly resilient business model.<br><br>Motus reported FY2023 revenue of ~R105.7 billion (AUD ~$8.3 billion) and maintains a strong balance sheet, consistent earnings, and long-term manufacturer relationships. This financial strength provides significant covenant security for investors.<br><br>With the backing of a global automotive leader, Gippsland Motor Group offers a secure, low-risk lease covenant — making this asset an attractive and reliable income-generating investment.
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6–8 Koonwarra Road, Leongatha | 1,103 sqm | $218/sqm 12–14 Anderson Street, Leongatha | 370 sqm | $108/sqm 23 McCartin Street, Leongatha | 430 sqm | $179/sqm 7B Anderson Street, Leongatha | 135 sqm | $339/sqm 26 Anderson Street, Leongatha | 326 sqm | $218/sqm 30 Bair Street, Leongatha | 388 sqm | $146/sqm
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Long-standing tenant: Gippsland Motor Group Pty Ltd (since 2017)</b></span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Backed by Motus Holdings Ltd — ASX-listed multinational</b></span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Rent: $240,000 p.a. + GST (as at 1 October 2024)</b></span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Net lease with annual CPI increases</b></span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Lease expiry: 30 Sept 2027 + 2 x 5-year options (to 2037)</b></span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Strong security: 6-month bank guarantee incl. outgoings + GST</b></span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>High-exposure highway site (93m frontage, 11,000+ vehicles daily)</b></span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Modern build (2013) with depreciation benefits</b></span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Low maintenance asset</b></span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-style:normal;font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Potential 50% stamp duty concession available - Upfront saving of $103,750</b></span></p></li></ul><br><b>🔍 Due Diligence Snapshot</b><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Asset composition:</span></p></li></ul><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Showroom, workshop, offices and hardstand</span><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);font-style:normal;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Asset Age: Built in 2013 (11 years old)</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Unapproved Structures: None known (as per agent)</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Vendor’s Reason for Sale: Dissolving an old partnership</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Seller & Tenant Related?: No</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Tenant in Place Since: 2017</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">First Time with Rethink: Yes</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Vacancy: Currently tenanted – if vacant, estimated 6–12 months to re-lease</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Flood Zone: No</span></p></li></ul><br><b>🏗 Property Features</b><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Land Area: 2,060 sqm</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Building Area: 1,103 sqm</span></p></li></ul><br>Parking:<br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">16 formal car spaces in front of showroom</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">670 sqm of additional open-air parking</span></p></li></ul><br>Frontage:<br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">93 metres of highway frontage</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Prominent exposure to >11,000 vehicles per day</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Signage: Ample main road signage potential</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Lifts: None</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Roller Doors: Yes</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Zoning: Commercial 1</span></p></li></ul>
