High Exposure Service Station Investment - Booming Growth Corridor
Brand new 20 year lease to 2036 plus options to 2056.
United Petroleum: The largest independent fuel retailer in Australia.
Rare triple net lease terms with the tenant responsible for all usual outgoings, structural works, underground repairs and remediation.
Guaranteed rental growth with 3.5% increases annually.
Improvements comprise convenience store, attached canopy.
Impressive site area of 1,970 sqm with dual access from South Gippsland Highway & Cameron Street.
Outstanding location on South Gippsland Highway, directly opposite Cranbourne racecourse and metres to Cranbourne CBD.