Ultra Rare 15 Year Triple Net Lease - Significant Metro Melbourne Landholding
Description
CBRE is pleased to offer to the market ‘United Petroleum’ Deer Park (Melbourne) VIC for sale via Investment Portfolio Auction 184.
The property 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 Australia’s 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
+ Fixed, compounding 3% annual rent increases ensuring continued income 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 Melbourne’s 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 Center, and facilities.
+ The City of Brimbank is experiencing robust growth with the current population forecast to increase by 19.47% by 2046.³
+Net income: $528,846 pa* + GST
To be sold via Investment Portfolio Auction
10:30am AEST Wednesday 13 May 2026
Garden Room, Crown Casino, Melbourne
Please contact the exclusively appointed sales team for more information..
*Approx
1 United Petroleum
2 gapmaps
3 Forecast.id
Do you own a similar property?
Enquire
Contact agents
Yosh Mendis Senior Director
0434 413 188
Jamie Perlinger Senior Director
0413 860 315
Rick Jacobson Senior Negotiator
+61 413 830 083
David Napoleone Associate Director
0417 308 067Enquiry Form
Deer Park, VIC
806-810 Ballarat Road
- Sold Price: Contact Agent
This property was sold as part of Portfolio 184
Contact agents
-
Yosh Mendis Senior Director
0434 413 188 -
Jamie Perlinger Senior Director
0413 860 315 -
Rick Jacobson Senior Negotiator
+61 413 830 083 -
David Napoleone Associate Director
0417 308 067