CBRE is pleased to offer to market ‘United Petroleum’ Ottoway SA for sale via Expression of Interest.

The investment has the following key highlights:

+ Twelve (12) Year lease to May 2035 plus Six (6) further Five (5) Year options to May 2065.
+ United Petroleum: Top-tier tenant, one of Australia’s largest and fastest growing independent fuel retailers with over 500 sites nationally. (1)
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings (excluding land tax) as per the lease.
+ Fixed, compounding 2.50% annual rent increases ensuring continued income growth.
+ As new construction (2023), offering significant depreciation benefits.
+ Prime 2,678sqm* corner freehold site, with 130m* combined dual frontage to Eastern Parade and Grand Junction Road, servicing 39,800+ vehicles passing daily. (2)
+ The site also benefits from close proximity to key arterials Port Road and South Road, providing connectivity to Port Adelaide and Adelaide CBD, servicing an additional 45,900 vehicles passing daily. (2)
+ The asset serves as a gateway to the industrial precincts of Gillman, Port Adelaide and Outer Harbour, while offering excellent connectivity to surrounding suburbs and residential communities.
+ Well-presented 309sqm* convenience retail store built in line with United petroleum’s latest corporate layout and design.
+ Fast Food offering with single lane Pie Face drive thru and dual canopy’s covering 12 undercover fuel bowsers.
+ Surrounded by important social infrastructure including 9 schools within a 3km* radius servicing 3,665 full time students. (2)
+ 22,791 registered vehicles and total $35.7 million spending on fuel per annum within a 3-kilometre radius. (2)
+ Ottoway: industrial-residential suburb located 12km* northwest of the Adelaide CBD with median house prices up over 14% in the past 12 months to $768,500. (3)
+ City of Port Adelaide Enfield: One of the largest metropolitan councils in SA, with population forecast to grow over 14% by 2046 to 164,684 residents. (4)
+ No stamp duty payable.
+ Net Income: $376,651 pa* + GST (As at May 2026)

For Sale via Expression of Interest closing
4:00pm ACDT Wednesday 7 May 2026

*Approx
1 United Petroleum
2 Gapmaps
3 Realestate.com.au
4 .id

RLA208125