Brand New Freehold Metro Melbourne Retail Investment

Burgess Rawson are pleased to offer to the market the United Petroleum at 559 Ballarat Road Sunshine (Albion) VIC for sale via Private Treaty.

The property has the following investment highlights:

+ Brand new 12-year net lease to 2036 plus six (6) further five (5) year options to 2066.
+ United Petroleum: Top tier tenant, one of Australia’s largest and fastest growing independent fuel retailers with approximately 500 sites nationally.**
+ Strong and certain rental growth with fixed annual, compounding 3% increases.
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for council rates, water rates, repairs and maintenance.
+ Built 2023, offering modern infrastructure and substantial depreciation benefits.
+ Immaculate 2,089sqm* retail site with frontage and exposure to Ballarat Road, an important main arterial road servicing an average of 42,000 vehicles per day.***
+ Located 1km* from Vicinity-owned Sunshine Marketplace, a single supermarket and DDS shopping centre anchored by Woolworths and Big W, complemented by over 50 specialty stores.****
+ Bunnings, Woolworths, Coles, ALDI, Dan Murphy’s, JB Hi-Fi, McDonald’s, KFC, Hungry Jack’s, Big W and Western Ring Road connection all within 2km.*
+ Within a 3km radius of the site, over 32,300 vehicles spend a total of $55.3 million on fuel annually and on average 1.65 vehicles per household.***
+ Melbourne’s 2nd Largest LGA, the City of Brimbank generates $25.85 billion in annual economic output with an estimated 68,766 jobs in the area.*****
+ To support the City of Brimbank’s growing population, building approvals have increased by 63% to $846 million since FY2021.*****
+ Sunshine: Strategic Metro-Melbourne location just 11km west of Melbourne CBD, population forecast to grow 67.3% by 2041.******
+ Rent: $285,000 pa* + GST.

To be sold via Private Treaty

Please contact the exclusively appointed sales team for more information.

*Approx
** United Petroleum
*** GapMaps
****Vicinty
*****Remplan
******Forecast.id