- Higher Yield Anticipated
- Minimum 3% Annual Rent Increases
- Important Town Centre Corner Site
Secure 12 year lease to 2028 plus options to 2038.
Lessee pays all usual outgoings including Land Tax.
Constructed 2016 – Providing substantial tax depreciation.
Westside Petroleum: 50% owned by Viva Energy Australia - the single largest fuel retailer in the country with 1,255 locations and growing,
Market Cap $4.59B (Feb 2019).
Minimum 3% increases assuring growth – 3 month security deposit.
Town centre 1,366 sqm corner site with 77 metre retail frontage plus ROW.
Strategic retail gateway location adjoining Australia Post and close to IGA Shopping Centre within the Jindera commercial hub.
Jindera: population circa 1,800 – satellite suburb (12km north) of Albury Albury/Wodonga twin cities recognized together as one of Australia’s
largest progressive centres servicing a population in excess of 170,000.
Rent: $238,702 pa
Auction 11am AEDT Wednesday 3 April 2019
River Room, Crown Casino, Melbourne
|Gross Building Area