CBRE are pleased to offer to market the freehold BP X Convenience located at 129B Calton Road (corner Mullamar Way), Gawler East (Adelaide) SA for sale via Investment Portfolio Auction 183.

The property has the following key investment highlights:

+ Long 15 year net lease to December 2035 plus 2 x 10 year options to 2055.
+ Important corporate guarantee provided by BP Australia.
+ X Convenience: wholly owned subsidiary of $137B* global giant BP with 49 locations across SA & WA. (1)
+ Tenant pays all usual outgoings including rates, insurances and management fees (capped).
+ Guaranteed growth via fixed 3% annual rent increases.
+ High profile 2,353sqm* corner freehold landholding with dual access and 10 on-title car spaces.
+ Immaculate 195sqm* freestanding BP X Convenience plus canopy constructed 2020.
+ Significant depreciation benefits with 92% of year 1 rent potentially tax free. (2)
+ Immediately surrounded by approved McDonald’s & KFC, plus Drakes Shopping centre.
+ Within heart of Wel.Co Springwood Estate with 2,000 new homes upon completion. (3)
+ 800m* south of 935ha* Concordia master-planned community with 12,000 new homes, and 20,000 to 30,000 new residents. (4)
+ Gawler: fast growing metro growth suburb 40km* north-east of Adelaide CBD.
+ No stamp duty payable.
+ Net Income: $324,596pa* + GST

To be sold via Investment Portfolio Auction
10:30am AEDT Wednesday 1 April 2026
Crown Casino, Melbourne

***Pitstop Car Wash at 129A Calton Road, Gawler East (Adelaide) SA is also available separately.***

RLA208125
*Approx
1. BP & X Convenience
2. J Mathew Advisory
3. Springwood Estate
4. Concordia