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1655 Thompsons Road
Cranbourne North VIC 3977
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Sold on 9 Dec 2020

1655 Thompsons Road Cranbourne North VIC 3977

  • Shop & Retail
  • 482 m²
  • Sold

Brand New Fuel & Retail Investment - Booming South Eastern Growth Corridor

+ New 15 year net lease to United plus options to 2054.
+ United Petroleum: One of Australias largest independent fuel retailers with over 420 sites nationally.
+ Freehold 3,662 sqm corner site with 167 metres combined frontage, located between Woolworths Shopping Centre and Bunnings Warehouse.
+ Newly constructed (2020) buildings including 3 separately titled specialty shops and 25 on-site parking spaces.
+ Supporting specialty shops fully leased with brand new 7 & 5 year leases to Pizza, Vegetarian and Indian restaurants.
+ Attractive net lease terms with tenants paying all usual outgoings.
+ Excellent depreciation benefits.
+ High profile site on the important Thompsons road with 13,400 vehicles* passing daily.
+ Cranbourne North: Strategic growth location within booming City Of Casey, set for 75%+ population growth to 549,190 residents by 2041^.
+ Net Income: $398,704 pa + GST + Outgoings.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 9 December

*Gap Maps
^ Forecast ID

AUCTION

Auction date and time09/12/2020 10:30
Auction location1655 Thompsons Road, Cranbourne North VIC

Property Highlights

Date Sold9 Dec 2020
Floor Area482 m²
Land Area3,662 m²
ParkingAsk Agent
Property ID2016615877
Category
Last updated  10 Dec 2020
Map for 1655 Thompsons Road Cranbourne North VIC 3977

Property Highlights

Date Sold9 Dec 2020
Floor Area482 m²
Land Area3,662 m²
ParkingAsk Agent
Property ID2016615877
Category
Last updated  10 Dec 2020
Level 20, 150 Lonsdale Street Melbourne VIC 3000

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