Archives: Properties

+ Secure 15-year lease to 2030 plus options to 2045.
+ Viva Energy Group Limited (ASX: VEA), a blue-chip $3.5 billion ASX-listed company and Shell’s Australian licensee with over 1,300 retail fuel sites across Australia**.
+ Viva Energy controls 24% of Australia’s retail fuel market, with retail fuel volume up 23% in the first half of 2021**.
+ Landlord-favourable net lease terms with the tenant paying all rates, building and public liability insurances.
+ Annual CPI rent reviews.
+Impressive 360sqm convenience retail store including a Subway Restautant
+ Recent tenant-funded upgraded and refurbished to the convenience store to their latest corporate layout and design.
+ Substantial and underutilised 7,370sqm site with 65 metre frontage.
+ Strategic gateway location to Dandenong CBD and the first fuel & convenience retail site and off the Monash Freeway.
+ High exposure positioning with 28,000 vehicles passing daily***
+ Surrounded by important social infrastructure, including 13 schools in a 3km radius servicing a combined 6,844 full time students.***
+ Strategic location between Dandenong Stadium and major intersection Stud and Heatherton Roads, encompassed by McDonalds, Red Rooster and the Dandenong Club.
+ Greater Dandenong: an important and growing Melbourne suburb, forecast growth of 22% to 205,000+ people within 7 years****
+ Revitalising Dandenong Central: attracting over $1 billion in private sector investment with completion in 2031, creating 5,000 jobs, 470 new dwellings and 2,500sqm of community space.*****
+ Secure Essential Service Investment
+ Estimated Net Rent: $392,848 pa + GST.

*Viva Energy Australia
**Libertyoil.com.au
***Gapmaps
**** Greater Dandenong Council
****Development.vic.gov.au
*****
*All areas and figures?approx?only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.??

+ Secure 12-year net lease to 2032 plus options to 2052.
+ 7-Eleven: Australia’s #1 convenience retailer with over 700 stores and accounting for approximately 38% market share.*
+ Attractive net lease structure with 7-Eleven responsible for council rates, water rates, insurance and repairs and maintenance.
+ Fixed, annual compounding 3% rent increases.
+ Strategic 1,821sqm* corner site at busy intersection of arterials linking Nambour with Bruce Highway/M1.
+ Recent tenant investment, including retail upgrades and tank replacements.
+ IMPORTANT: 7-Eleven owns, maintains, repairs, and replaces all fuel tanks*, equipment plus site remediation.
+ Busy convenience retail, auto and trade precinct with Ultra Tune, Bob Jane T-Mart, Mitre 10, Mitsubishi, Nissan, Nambour Rugby Club, Showgrounds and the Department of Transport and Main Roads within 650m*.
+ Sunshine Coast: One of Queensland’s fastest growing regions, with population projected to grow 24% to 436,785 by 2031.***
+ Nambour regarded as the as administrative centre of the Sunshine Coast region with population forecast to increase 21% by 2031.******
+ Minimum management, essential service investment.
+ Net income: $255,052* pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 31 March 2022
The Hilton – Brisbane

*7-Eleven.com.au
**SCIBN
***QLD Gov
****Sunshine Coast Council
*****Realestate.com
******Gapmaps
*All areas and figures?approx?only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.?