Metro Perth Fuel Investment – New 15 Year Lease
1969 Albany Highway , Maddington WA
Property Highlights
Description
New 15 year lease to 2032 plus 4 x 5 year options to 2052
Guaranteed growth – fixed annual 3% rental increases
7 Eleven: Major growing fuel network of 630 plus petrol stations and convenience stores across Australia with sales of $3.6 billion
Lessee pays all usual outgoings including land tax
Strategic 1,662 sqm site, with 43m frontage to Albany Highway
Prime position between Roe & Tonkin Highway’s, within automotive precinct and close to Maddington Central, anchored by Coles, Woolworths & Kmart plus 80 specialty retailers
Significant taxation depreciation benefits – built 2017
Maddington: thriving suburb 18km from Perth CBD, within City of Gosnells experiencing major population growths, forecast to reach 174,000 (35% growth) by 2036
Rent: $323,000 pa
Auction 11am AEST Wednesday 28 June 2017
River Room, Crown Casino, Melbourne
Property Details