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New Shell/Viva Freehold, Rent Paid Annually in Advance

250-258 Whitehall Street, Yarraville VIC

Property Highlights

New, state-of-the-art investment
New 10 year lease to $3.5B tenant
Rent paid annually in advance

Description

Brand new fuel and convenience freehold investment with significant tax depreciation benefits.
New 10 year lease to Shell/Viva, a blue-chip, $3.5 billion ASX-listed tenant with 1,292 retail fuel sites across Australia.
Rent paid annually in advance.
Prime 3,080 sqm, inner-city corner site 1km to Port of Melbourne, which handles 36%* of Australia’s container trade.
Strategic location 5km to Melbourne CBD, 1km to Westgate Freeway and 750m to Yarraville Station.
Adjoins $34 million** business park and sits directly opposite CSR Gyprock Head Office.
State-of-the-art design including 4 truck bays with 5.5m clearance.
Yarraville/Spotswood: High-growth, inner western Melbourne suburbs with population forecast to jump 51% by 2041***.

*Port of Melbourne
**Herald Sun
***forecast.id

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fuel Station
Land Size
3,080 SQM
Building Area
639 SQM

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