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United Petroleum/United Petroleum 241-249 Tower Road
Portarlington VIC 3223
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United Petroleum/United Petroleum 241-249 Tower Road Portarlington VIC 3223

  • Shop & Retail
  • 1,217 m²
  • For Sale, Contact Agent

A PREMIUM SERVICE STATION INVESTMENT OPPORTUNITY LEASED TO POWERHOUSE TENANT

  • 15 YEAR NET LEASE + OPTIONS TO 2044
  • HEAD OFFICE LEASE TO UNITED PETROLEUM
  • ONLY FUEL OUTLET WITHIN 10KM*+

CBRE Melbourne Metropolitan Sales is pleased to present for your consideration a blue chip and future proof Investment opportunity strategically positioned as the only service station with a 10km* radius.

Commanding an outstanding and high exposure corner landholding in a booming industrial, large format retail and residential hub, this exceptional investment opportunity can be summarised by the following key attributes:

+ 15 year lease, plus options to 2044, to United Petroleum - a top tier tenant and one of Australia's largest + fastest growing independent fuel retailers

+ Recently constructed corner service station featuring state of the art fibreglass tanks, a standalone car wash with 6 bays and acting as the only major service station In the immediate Portarlington catchment

+ Attractive net lease structure with the tenant paying all usual outgoings & annual Increases

+ High exposure 4,896sqm* corner landholding located at the Tower Road & Queenscliff Road Intersection

+ Securely leased to United Petroleum who generates annual revenue of $3.12 billion* per annum and operates over 500 stores Australia wide

+ Strategically located In the booming Bellarine Peninsula which Is experiencing exponential population growth. Strategically located between the townships of Queenscliff & Portarlington the An area is earmarked for significant commercial and residential redevelopment In the near future

+ Net Annual Income of $363,311*

For further information please contact the exclusive sales and marketing agents at CBRE:

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()

*Denotes Approx.

Property Highlights

Floor Area1,217 m²
Land Area4,896 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018848990
Category
Last updated  1 Mar 2024
Map for United Petroleum/United Petroleum 241-249 Tower Road Portarlington VIC 3223

Property Highlights

Floor Area1,217 m²
Land Area4,896 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018848990
Category
Last updated  1 Mar 2024

More Shop & Retail for Sale in Portarlington VIC

For SaleContact Agent
united petroleum/united petroleum 241-249 tower road,portarlington, VIC 3223
1,217 m²
Shop & Retail