CBRE is pleased to offer to the market United Petroleum, Deer Park (Melbourne) VIC for sale via Private Treaty. This opportunity has the following key investment highlights:

+ Fifteen (15) year triple net lease to 2033 plus four (4) further Five (5) year options to 2053
+ United Petroleum: Top-tier tenant, one of Australias largest and fastest growing independent fuel retailers with over 500 sites nationally¹
+ Rare triple net lease: tenant responsible for 100% of outgoings including council rates, water rates, insurances, land tax and repairs and maintenance including structural & capital works
+ Compounding fixed 3% annual rent increases guaranteeing strong rental growth
+ Industrial 3 Zone (IN3Z) provides opportunities for upside with a variety of uses including convenience retail, fast food, bulky goods and warehouse (STCA).
+ High profile 4,285sqm* corner site with 180m*of triple street frontage to Ballarat Road, Station Road and Glencairn Avenue, with exposure to a combined 616,000+ vehicles passing weekly.²
+ Gateway position to Melbournes rapidly expanding western growth corridor
+ Supported by an established automotive and community precinct including a brand new Costco, Toyota, Ford, Skoda, Volkswagen, Deer Park Club, Community Centre and facilities.
+ The City of Brimbank is experiencing robust growth with the current population is forecast to increase by 19.47% by 2046.³
+Net income: $528,846 pa* + GST

To be sold by Private Treaty.

Please contact the exclusively appointed sales team for more information..

*Approx 1 United Petroleum 2 gapmaps 3 Forecast.id