159 Milner Road, Forrestfield presents an opportunity to purchase a Modern Truck Stop and Service Station with a long lease and a strong income.
There is also a development opportunity with 3,000sqm of vacant land ready for fast food outlets or other uses.
Key attributes include:
• New Truck stop with 19 bowsers + retail shop
• 3,000sqm additional vacant land ready to be developed.
• 1.3km from the High Wycombe Railway Station - opening soon
• Great corner location with Land area of 9,149sqm
• Net rent: $490,000 + Outgoings + GST
• Lease terms: 12 years plus 4*5 year options
• Rent reviews: CPI + 0.5% annually
159 Milner Road is a newly constructed petrol station by Vibe. The building is a modern fuel station with 19 fuel pumps in total, 6 regular fuel pumps under a standard roof height and 13 additional fuel pumps under a high roof suitable for large trucks.
There are 4 Ad blue fuel pumps which is a fluid used to reduce emissions caused by diesel fuel.
There is an additional 3,000sqm of vacant land which is ready for fast food options to be developed.
The property is located on the corner of Milner Road and Berkshire Road which benefits from major highway access to various arterial roads including Roe Highway, Tonkin Highway, Abernathy Road and Kalamunda Road.
The property is located approximately 1.3km from High Wycombe train station connecting Perth to the airport due to open in the first half of 2022.
For more information or to arrange an inspection please contact:
Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 168
E: brett.wilkins@raywhite.com
