15 Year Lease to $8.4 Billion ASX-listed Giant | Incredible Metro Adelaide Landbank Opportunity

Burgess Rawson and Leedwell are pleased to offer to the market the AMPOL freehold investment at 245 Hampstead Road, Lightsview, Adelaide for sale by Expressions of Interest..

The property has the following investment highlights:

+ 15-year net lease to 2030 plus options to 2050
+ AMPOL LTD: Blue chip $8.4 billion ASX-listed company with over 1,900 retail fuel outlets.**
+ Annual rent reviews of the greater of CPI or 3%
+ Landlord-favourable, net lease terms with tenant responsible for rates, building insurance, single holding land tax and management fees.
+ High profile 3,304sqm* site with extensive frontage and exposure to Hampstead Road, an important commuter road with over 44,000 vehicles passing daily.***
+ A modern convenience retail asset with extensive canopy, hard stand and car parking
+ Substantial retail convenience store with an impressive corporate layout and retail design to AMPOL’s Foodary brand.
+ Surrounded by important social infrastructure, including 19 schools within 3km servicing over 4,867 full time students.***
+ Only 8 km* from the Adelaide CBD, Lightsview is a multi-award winning master planned development, now home to over 5,000 residents across 2,000+ homes.****
+ Within 400 m* of the $21.7 million Lights Community and Sports Centre development comprising of 2 stadiums, 5 multi-purpose courts with associated public facilities, retractable seating that will seat approximately 1000 people, commercial and retail tenancies, adaptable function spaces, a community room and sporting viewing areas. *****
+ City of Port Adelaide Enfield: SA’s 3rd largest LGA, generating $10.9 bn in economic output p.a. ******
+ Stamp duty free investment.
+ Net income: $485,860 pa* + GST.

For Sale Via Expressions of Interest closing 28th February 2024 @ 4pm

*Approx
** Ampol
*** GapMaps
**** https://renewalsa.sa.gov.au/projects/lighstview
***** https://sarah.com.au/projects/the-lights-community-and-sports-centre/
******Economy.id