Brand New Fuel Investment – 15 Year Lease To Westside Petrol/Viva Energy
115 Albert Street, Sebastopol VIC
Brand new 15 year lease to 2033 plus options to 2068.
Fixed 3% increases assuring growth.
Lessee pays usual outgoings as per the lease.
VIVA Energy: the exclusive Shell licensee in Australia with a network of 1,000+ retail outlets. Substantially owned by Vitol, a multinational energy & commodities giant with turnover of $181 billion (2017).
Major 2,962 sqm site with 40 metre frontage to Albert Street.
Brand new state-of-the-art improvements constructed 2018 providing substantial taxation saving depreciation.
Albert Street / Midland Hwy – major 4 lane arterial road with 28,400 vehicles daily, connecting commuters from Ballarat’s southern suburbs to the CBD and main thoroughfare to the Otway region (Colac, Lorne etc).
Ballarat: growing population of 105,438 (June 2017), the capital of Western Victoria with a primary catchment estimated at 250,000 people.
Rent: $332,003 pa
Auction 11am AEDT Wednesday 27 February 2019
River Room, Crown Casino, Melbourne