Trophy Convenience Retail Investment, Rent Paid Annually in Advance

250-258 Whitehall Street, Yarraville VIC

Property Highlights

As new, state-of-the-art investment
10 year lease to $3.4B tenant
Rent paid annually in advance
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Description

As new fuel and convenience freehold investment with important tax depreciation benefits.
Secure 10 year lease to 2029 plus options to 2049.
Shell/Viva Energy Limited, a blue-chip, $3.4 billion ASX-listed tenant with 1,300 retail fuel sites across Australia.
Rent paid annually in advance.
Annual rent reviews.
Major 3,080 sqm, inner-city corner site with 97m of combined frontage .
Important position 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 68% by 2051***.
Essential service investment.
Estimated Net Rent $623,520pa plus GST

Wednesday 23 June 2021
River Room, Crown Casino, Melbourne
Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane

*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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