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182 Stud Road
Dandenong VIC 3175
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Sold on 10 Feb 2022

182 Stud Road Dandenong VIC 3175

  • Shop & Retail
  • 1 m²
  • Sold

Impressive Convenience Retail Investment

+ Secure 15-year lease to 2030 plus options to 2045.
+ Viva Energy Group Limited (ASX: VEA), a blue-chip $3.5 billion ASX-listed company and Shell's Australian licensee with over 1,300 retail fuel sites across Australia**.
+ Viva Energy controls 24% of Australia's retail fuel market, with retail fuel volume up 23% in the first half of 2021**.
+ Landlord-favourable net lease terms with the tenant paying all rates, building and public liability insurances.
+ Annual CPI rent reviews.
+Impressive 360sqm convenience retail store including a Subway Restautant
+ Recent tenant-funded upgraded and refurbished to the convenience store to their latest corporate layout and design.
+ Substantial and underutilised 7,370sqm site with 65 metre frontage.
+ Strategic gateway location to Dandenong CBD and the first fuel & convenience retail site and off the Monash Freeway.
+ High exposure positioning with 28,000 vehicles passing daily***
+ Surrounded by important social infrastructure, including 13 schools in a 3km radius servicing a combined 6,844 full time students.***
+ Strategic location between Dandenong Stadium and major intersection Stud and Heatherton Roads, encompassed by McDonalds, Red Rooster and the Dandenong Club.
+ Greater Dandenong: an important and growing Melbourne suburb, forecast growth of 22% to 205,000+ people within 7 years****
+ Revitalising Dandenong Central: attracting over $1 billion in private sector investment with completion in 2031, creating 5,000 jobs, 470 new dwellings and 2,500sqm of community space.*****
+ Secure Essential Service Investment
+ Estimated Net Rent: $392,848 pa + GST.

*Viva Energy Australia
**Libertyoil.com.au
***Gapmaps
**** Greater Dandenong Council
****Development.vic.gov.au
*****
*All areas and figuresapproxonly. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold10 Feb 2022
Floor Area1 m²
Land Area7,370 m²
ParkingAsk Agent
Property ID2017417290
Category
Last updated  1 Mar 2022
Map for 182 Stud Road Dandenong VIC 3175

Nearest transport* to 182 Stud Road Dandenong VIC 3175

Bus
Train
Judith St/Stud Rd (Dandenong North)135 m
Judith St/Stud Rd (Dandenong North)239 m
Heatherton Rd/Stud Rd (Dandenong)269 m
Ingrid St/Heatherton Rd (Dandenong)271 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold10 Feb 2022
Floor Area1 m²
Land Area7,370 m²
ParkingAsk Agent
Property ID2017417290
Category
Last updated  1 Mar 2022

Co-Agents

Jamie Perlinger
Jamie Perlinger
Burgess Rawson VIC Pty Ltd
Call
0413 860 315
Rick Jacobson
Rick Jacobson
Burgess Rawson VIC Pty Ltd
Call
0413 830 083
Zomart He
Zomart He
Burgess Rawson VIC Pty Ltd
Call
0488 220 830

More about 182 Stud Road Dandenong VIC 3175

182 Stud Road Dandenong VIC 3175 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 7,370 m². The listing ID for this property is 2017417290.

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