CBRE is pleased to offer to market Viva Energy & Zambrero, located at 342 Albany Highway (Cnr South Coast Highway) WA for sale via Expressions of Interest.

The property has the following key investment highlights:

+ Fifteen (15) Year lease to Viva Energy to March 2034 plus Four (4) further Five (5) Year options to 2054 with fixed, compounding 3% annual rent increases ensuring continued income growth.
+ Viva Energy Group Limited (ASX:VEA): blue chip $4.29 billion* ASX200 company recently purchasing Coles Express & OTR making Viva Energy Australia’s leading convenience retail operator with over 1,500* sites nationally.(2)
+ With over 1,500 fuel and convenience retail sites nationwide, Viva Energy has completed acquisitions of Coles Express, and the South Australian-based OTR group, aiming to transform it into Australia’s leading convenience and mobility retailer.
+ Ten (10) year lease to Zambrero to 2033 with One (1) further Five (5) Year option to 2038 with attractive annual CPI reviews (capped at 5%).
+ Zambrero: established in 2005, growing fast-food giant recently valued at $1 billion AUD.(3)
+ Landlord-favourable net lease terms with both tenants paying usual outgoings as per the lease.
+ Prime 3,220 sqm* gateway site with 115 metres* of frontage and exposure to a major 6 way roundabout including South Coast and Albany Highways – servicing over 36,000 vehicles per day.(4)
+ 10,876* registered vehicles and total $16.09 million spending on fuel per annum within 3 kilometre radius.(4)
+ Situated in key commercial precinct with national tenants Coles, Woolworths, JB Hi-Fi, Autobarn, BCF, Tool Kit Depot, McDonald’s, IGA Supermarket and Bunnings Warehouse all within 1.5km*
+ Surrounded by important social infrastructure including 8 schools within 3km* servicing 3,045 full-time students.(4)
+ Orana: an established residential suburb located 3 kilometres* northwest of the Albany CBD on the south coast of Western Australia, with median house prices growing over 24% in the past 12 months to $583,000, (5)
+ City of Albany: Booming coastal city and major regional city within Western Australia’s Great Southern Region, with median house prices up 23.4% in the past 12 months to $783,389.(5)
+ Estimated Net Income: $462,370 pa* + GST

To be sold by Expressions of Interest
Closing 3pm (AEST) Wednesday 20th May

Please contact the exclusively appointed sales team for more information.

*Approx
(2)Viva Energy
(3)Zambrero
(4)Gapmaps
(5)Realestate.com.au