Long 15 Year Lease to Metro Petroleum – 300 Sites Nationally | HIGH YIELD Anticipated circa 7.6%*
Description
CBRE together with Quinn Property Co are pleased to offer to market the Metro Petroleum Fuel outlet at 411 Main Street, Ballarat (Golden Point) VIC, for Private Sale.
This property has the following key investment highlights:
+ Fifteen (15) Year lease to September 2035
+ Dib Group established 1995 trading as Metro Fuel now with 300+ sites across the nation
+ Three further Five (5) year options through to 2050
+ Fixed annual 3.3% rent increases with 5% fixed increases at the options – ensuring continued income growth
+ Tenant responsible for usual outgoing as per lease
+ Significant 1,496sqm* freehold site, with 36.6 metre* frontage to major arterial
+ Important 14,100 vehicles passing daily
+ Modern 101 sqm* convenience retail store, with combined additional 136sqm* canopy area and two (2) self-service car wash bays
+ As new modern construction opened 2020 providing significant depreciation – potential 90% allowance Year 1. (2)
+ Old world Ballarat location, within Golden Point central between CBD and the Sovereign Hill precinct
+ Strategically positioned in front on the NRMA Ballarat Holiday Park with 102 accommodation sites servicing the community traveling to Ballarat’s attractions.
+ Ballarat: capital of Western Victoria and the state’s largest in-land city, with population forecast to surge 31.97% to 164,365 by 2046. (1)
+ Potential 50% stamp duty saving.
+ Net Income: $241,395pa* + GST (Sept 2026)
CBRE
Mark Foster 0475 454 431
Raoul Holderhead 0413 860 304
Quinn Property Co
Marcus Quinn 0439 328 080
* Approx
1 .id
2. J Mathew Advisory
Enquire
Contact agents
Raoul Holderhead Senior Director
0413 860 304
Mark Foster Negotiator
0475 454 431Enquiry Form
Golden Point, VIC
411 Main Road
Contact agents
-
Raoul Holderhead Senior Director
0413 860 304 -
Mark Foster Negotiator
0475 454 431