SOLD
SOLD
SOLD
SOLD
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SOLD
SOLD
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SOLD

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

115 Albert Street, Sebastopol VIC

Property Highlights

28,400+ Vehicles Passing Daily

Fixed 3% Annual Rent Increases

Significant Tax Saving Depreciation

Description

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

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
2,962 SQM
Gross Building Area
355 SQM

Contact Agents

Raoul Holderhead

+610 413 860304

Scott Meighan

0413 830 709

Jamie Perlinger

0413 860 315

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