Iconic Automotive Site with $70M Price Guide Hits One of Southern Sydney’s Most Tightly Held Precincts

A prestige investment opportunity, comprising four high profile automotive showrooms and associated service centres has hit the Sutherland Shire, one of Southern Sydney’s most tightly held precincts. The property is being offered to the market for the first time with a price guide of $70 million. The 1.473* hectare site is expected to attract significant interest from domestic and offshore investors seeking secure, long-term income in a supply-constrained market.  

The site, located at 499-511 Princes Highway and 130 Bath Road, Kirrawee, is fully leased to ASX-listed Eagers Automotive, Australia and New Zealand’s largest listed automotive retail group. It offers an annual net income of $3.2 million* with long-term security underpinned by a 9.47 year weighted average lease expiry (WALE), and a strong rent review structure with option periods out to 2052.  

Cushman & Wakefield’s Jack Harrison, David Hall, Tim Cassidy, Archie Cropley and Mark Hansen are exclusively managing the expressions of interest (EOI) process closing Thursday 29^th August 2025.  

Jack Harrison, Cushman & Wakefield’s Director, NSW Capital Markets, said, “This is a rare opportunity to acquire a landmark investment grade asset in the heart of one of Australia’s most established automotive clusters. The strength of the existing covenant, underpinned by market leader Eagers Automotive, will appeal to institutional and private investors seeking durable, long-term income and annuity style cash flows to 2034 and beyond,” he said. 

David Hall, Cushman & Wakefield’s National Director and Head of Logistics & Industrial Brokerage, said “From a growth perspective, the Sutherland Shire represents some of the highest land values in the country, well above wider market benchmarks. Constrained supply and limited new development are expected to underpin sustained rental growth and capital which will attract significant international investor interest,” he added. 

The property occupies a strategic section of Kirrawee’s prime automotive cluster and industrial precinct, defined by its concentration of leading automotive brands and support services. Positioned just 28km* from the Sydney CBD, it offers connectivity to major arterial throughfares like the Princes Highway, President Avenue and The Kingsway.  

Key features of the property include four first-class automotive showrooms, two service workshops, a wash bay and a car parts warehouse. The property houses 6 globally recognised franchise brands of Volvo, BYD, Volkswagen, Nissan, Chery and GM Specialty Vehicles.