Entry Level Viva Energy Freehold Investment

1 Interlink Court, Mackay QLD

Property Highlights

Rare Triple Net Lease to Viva Energy
Tenant pays outgoings incl Land Tax
Annual compounding 3% increases
Register to Bid

Description

+ Secure 10-year triple net lease to 2026 plus seven further 10-year options to 2096.
+ Viva Energy Group Limited (ASX: VEA), a blue-chip $3.18 billion ASX-listed company and Shell’s Australian licensee with over 1,300 retail fuel sites across Australia**.
+ Viva Energy controls 24% of Australia’s retail fuel market, with retail fuel sales volume up 23% in the first half of 2021**..
+ Rare, landlord-favourable, triple net lease terms with tenant responsible for rates, building insurance, public liability insurance and land tax.
+ Tenant also responsible for all structural maintenance, repairs and replacement, (including fuel tanks and equipment).
+ Guaranteed rental growth with annual fixed 3% rent increases.
+ Major 5,029sqm* corner site on an important four lane carriageway with future development opportunity (STCA)
+ Conveniently positioned within Mackay’s major industrial business precinct, anchored by various high-profile tenants including Star Track, TNT, BOC and Coates Hire.
+ Located 1.6 km away from Mackay Airport, one of Queensland’s busiest regional airports, servicing over 1 million passengers per year.****
+ Situated 1,200m away from Bruce Highway – a major Queensland arterial servicing an average of 14,460 vehicles per day.***
+ Mackay is the gateway to the rich coal deposits in the Bowen and Galilee Basins and hosts much of the engineering, manufacturing and resource service industries supporting the wider Mackay-Isaac-Whitsunday economies.*****
+ Mackay Regional Council: One of the fastest growing regions in Queensland, with a population forecast to grow 45% to 118,000+ by 2036.*****
+ Mackay City: commercial hub of the Whitsundays and Queensland fourth largest regional city.*****
+ Strategic essential service investment.
+ Net Rent: $86,945 pa

For Sale by Investment Portfolio Auction
11am (AEST) Wednesday 29 September 2021

2 other Viva Energy freehold investments also available. 
Contact sales team for more details. 

**Viva Energy
***Gap maps
**** Mackay Airport
*****Mackay Regional Council

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents. 

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fuel Station
Land Size
5,029 SQM
Building Area
1 SQM

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