SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

New 15 Year Lease To Viva Energy – Australia’s Largest Fuel Retailer

49 Great Eastern Highway, Bellevue WA

Property Highlights

Leased To September 2033 Plus Options
Significant Tax Depreciation Benefits
40,000+ Vehicles Passing Daily

Description

15 year lease to Viva Energy to Sept 2033 plus options.
Fixed annual 3% rent increases ($589,908 by 2033).
Tenant pays all usual outgoings as per the Lease.
Brand new state-of-the-art improvements including the large Night Owl convenience store.
Viva Energy Australia: single largest fuel retailer in country with 1,255 locations and growing. Market Cap $4.59B (Feb 2019).
Strategic 2,064 sqm landholding with 40m frontage to high traffic Great Eastern Highway.
Position perfect – metres from Roe Highway diamond interchange and less than 2km to Midland Gate Shopping Centre – recent $100m expansion.
Significant taxation saving depreciation benefits.
City of Swan: 62% population growth estimated by 2036 – underpinned by freight, logistics and warehousing businesses.
Rent: $385,500 p.a.

Private Treaty

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fuel Station
Land Size
2,064 SQM
Building Area
205 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights