Knight Frank is pleased to present to the market 'Liberty East Rockingham'. A brand-new service station, truck stop and convenience store located on a prime position of Dixon Road in East Rockingham. The property is situated on a large corner site in a high traffic location within Rockingham's main industrial precinct. Dixon Road also provides connectivity to its city centre and southern suburbs whilst providing access to and from the Kwinana Freeway.
Fully leased to 'Viva Energy', one of the largest suppliers of fuel within Australia, it is an extremely secure investment on a long-term basis. The lease provides a strong cash flow with its current rent income to a sole tenant, with fixed increases over the span of the lease which provides excellent growth during the term.
Property Features:
Site Area: 2,941 sqm
Building Area: 185 sqm
11 Total Pumps (Main Canopy: 6 fuel + 2 diesel pumps | Separate Canopy: 3 'truck stop' pumps)
Multiple access points from both Dixon Road and Day Road
Well-presented convenience store
Premium National Tenant Viva Energy 15 year lease to 2038
Strong & Secure Long Term Investment Opportunity
26,000* Vehicles Passing Daily
Net Rental:
$425,000 pa
To arrange an inspection or further details, please contact the exclusive selling agents:
Cory Dell'Olio
0422 177 247
cory.dellolio@au.knightfrank.com
Tony Delich
0418 926 410
Tony.Delich@au.knightfrank.com