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.