Brand New Fuel Investment – 15 Year Lease To Westside Petrol/Viva Energy

115 albert street, sebastopol vic

Price on Request

  • 28,400+ Vehicles Passing Daily
  • Fixed 3% Annual Rent Increases
  • Significant Tax Saving Depreciation

Property Details

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

Featured Details

Current Tenant Tenanted
Gross Building Area 355 sqm
Land Size 2,962 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002639

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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