As New, 15 Year Lease to 2036 | Metro Adelaide Industrial Precinct

Burgess Rawson is pleased to offer to the market the Mobil X Convenience located at 52 Aldershot Road, Lonsdale SA for sale via Private Treaty.

This opportunity has the following key investment highlights:

+ Fifteen (15) year lease to 2036 plus two (2) further ten (10) year options to 2056.
+ Mobil X Convenience: fast growing independent fuel retailer with over 45 service stations across South Australia and Western Australia.**
+ Strong and certain rental growth with annual, fixed compounding 3% increases.
+ Landlord-favourable lease terms with tenant responsible for all usual outgoings excluding Land Tax.
+ Freestanding convenience retail asset & fast-food drive thru constructed in 2021, offering significant depreciation benefits.
+ High-profile 2,400sqm* corner site with extensive frontage and exposure to Sherriffs Road, a major Adelaide commuter road servicing over 21,000 vehicles per day.***
+ Strategically positioned 200m* from the on and off ramps of the Southern Expressway, an important freeway linking Adelaide’s southern suburbs with the CBD – Over 51,000 vehicles passing daily.***
+ The only service station in Lonsdale, catering to a substantial workforce of over 15,000 individuals within a 3km radius. In this same catchment area, over 21,000 vehicles spend a total of $33.82 million on fuel annually.***
+ Lonsdale: Booming metro Adelaide industrial precinct, with Tool Kit Depot, Total Tools, Tradelink, Totally Workwear, Busways Depot and South Gate Plaza SC all within 1km*.
+ City of Onkaparinga: South Australia’s largest and fastest growing metropolitan council with over 170,000 residents.****
+ Stamp duty free investment.
+ Estimated Net Income: $307,661 pa* + GST

To be sold via Private Treaty

*Approx
** Mobil X Convenience
*** GapMaps
****Onkaparinga City Council

Burgess Rawson Agents
Jamie Perlinger (RLA 312692)
0413 860 315
Rick Jacobson (RLA 318679)
0413 830 083