As New Convenience Service Centre Anchored By Viva Energy/Shell

6 Beacham Road (Cnr Pinjarra Road), Ravenswood WA

Property Highlights

Essential Service Investment
High Profile Location
Guaranteed Rental Growth

Description

+ High profile fuel and convenience freehold investment with important tax depreciation benefits
+ Viva Energy, a blue chip $2.8 billion ASX 200 Company and Shell’s Australian Licensee, 1,300 retail sites
+ Viva Energy, Long Term 15 year lease to 2033 plus options to 2053
+ Pappys Café and Drive Through, Long Term 5 year leases to 2023 plus options to 2037
+ Guaranteed rental growth with Fixed 3% annual rental increases
+ Tenants pay all outgoings as per leases
+ Pinjarra Road, a major west-east road connecting the two major centres of the Peel and Mandurah regions.
+ Surrounded by important social infrastructure including Pinjarra Primary School, St Josephs School & Pinjarra Senior High School all within 4kms.
+ Substantial 9,650sqm* corner site with 86m exposure to Pinjarra Road, with 14,000* vehicles passing daily
+ Pinjarra Road: a major transport arterial connecting Ravenswood with Forrest Highway and Kwinana Freeway linking the Perth CBD
+ Shire of Murray: The 2020 Estimated Resident Population for Shire of Murray is 18,000+, forecast to grow to 70,913 by 2051** as per the Strategic Community plan released by the Shire of Murray
+ Estimated passing Net Income $598,000* pa

*All areas and figures approx. only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendors or Agents.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fuel Station
Land Size
9,650 SQM
Building Area
1 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights