Trophy Convenience Retail Investment, Rent Paid Annually in Advance

Description

As new fuel and convenience freehold investment with important tax depreciation benefits.
Secure 10 year lease to 2029 plus options to 2049.
Shell/Viva Energy Limited, a blue-chip, $3.4 billion ASX-listed tenant with 1,300 retail fuel sites across Australia.
Rent paid annually in advance.
Annual rent reviews.
Major 3,080 sqm, inner-city corner site with 97m of combined frontage .
Important position 1km to Port of Melbourne, which handles 36%* of Australia’s container trade.
Strategic location 5km to Melbourne CBD, 1km to Westgate Freeway and 750m to Yarraville Station.
Adjoins $34 million** business park and sits directly opposite CSR Gyprock Head Office.
State-of-the-art design including 4 truck bays with 5.5m clearance.
Yarraville/Spotswood: High-growth, inner western Melbourne suburbs with population forecast to 68% by 2051***.
Essential service investment.
Estimated Net Rent $623,520pa plus GST

Wednesday 23 June 2021
River Room, Crown Casino, Melbourne
Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane

*Port of Melbourne
**Herald Sun
***forecast.id

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Contact agents
Jamie Perlinger Head of Agency | Partner
0413 860 315
Matthew Wright Partner
0458 290 588
Zomart He Partner
0488 220 830
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Yarraville, VIC

250-258 Whitehall Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 145

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