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13 Stebbing Road Maddington WA 6109

  • Factory, Warehouse & Industrial
  • 5,565 m²
  • For Sale, For Sale via an Offers Invited

Long Term Retail Investment Opportunity: United Petroleum

  • 15 Year Lease plus Options
  • $366,000 Net Income p.a. + GST
  • Strategic Homebound Location

JLL Industrial & Investment Teams are pleased to present United Petroleum Maddington at 13 Stebbing Road to the market; a brand new metropolitan service station and convenience retailer located in one of Perth's best performing growth corridors.

United Petroleum Maddington benefits from its strategic position on the corner of Stebbing and Kelvin Road with the latter being the main arterial road through the heart of Maddington.

Maddington is only 20 kilometres southeast of the CBD of Perth and is part of the rapidly expanding City of Gosnells, with an expected population increase of 25% in Maddington alone over the next 15 years.

United Petroleum are an independently Australian owned petrol and convenience company and one of the fastest growing independent corporations in Australia. United are vertically integrated with control of terminal facilities, which allows United Petroleum to offer high quality petroleum products, increase supply-chain security, pricing and negotiating benefits and the ability to compete aggressively with major competitors.

Investment Highlights:

- Essential services defensive retail investment
- Secured by a 15 year lease to United Petroleum plus 4 x 5 year options
- Annual compounding fixed 3% increases and market reviews
- Substantial land rich asset comprising 5,565sqm
- Occupies a commanding high profile corner position
- Impressive as new Pie Face convenience retail asset offering significant depreciation benefits
- Strategic homebound location with direct access and exposure to 15,000* vehicles per day
- Landlord friendly environmental provisions ensuring tenant is responsible for full site remediation
- Net commencing income of $366,000 p.a. + GST
- All outgoings recovered by Lessee as per lease
- Truck refuelling bays
- 24 hour site

United Petroleum Maddington if offered For Sale via an Offers Invited campaign closing Wednesday 30th June 2021 at 12pm (AWST)

We look forward to assisting you with your enquiries on this unique and exciting opportunity.

For further information or a copy of the Information Memorandum please contact the exclusive selling agents at JLL.

Andrew Fife: 0439 033 673
Sean Flynn: 0412 779 987

*approx.

Andrew Fife
JLL - Perth
Andrew Fife
JLL - Perth
Sean Flynn
JLL - Perth
Sean Flynn
JLL - Perth

Property Highlights

Property ID2017038134
Floor Area5,565 m²
Land Area5,565 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  14 Jun 2021
Map for 13 Stebbing Road Maddington WA 6109
Map for 13 Stebbing Road Maddington WA 610913 Stebbing Road Maddington WA 6109
Andrew Fife
JLL - Perth
Andrew Fife
JLL - Perth
Sean Flynn
JLL - Perth
Sean Flynn
JLL - Perth

Property Highlights

Property ID2017038134
Floor Area5,565 m²
Land Area5,565 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  14 Jun 2021
JLL - Perth
Level 31 Central Park 152-158 St Georges Terrace Perth WA 6000
Andrew Fife
JLL - Perth
Andrew Fife
JLL - Perth
Sean Flynn
JLL - Perth
Sean Flynn
JLL - Perth
Andrew Fife

Andrew Fife

JLL - Perth

Sean Flynn

Sean Flynn

JLL - Perth

+61 *** ***
+61 439 033 673

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