Cushman & Wakefield Melbco Retail Middle Markets and Alexander Robertson are delighted to present for sale a Premium Essential Service Investment located at, 2 Little Boundary Road, Laverton North VIC, with the following key attributes:
Fully leased essential service offering to multiple premium tenants including listed and global brands; McDonalds, Shell, and Nando's
Long 19-year lease + options to ASX listed tenant Viva Energy trading as Shell and Coles Express, contributing approximately 60% of the income
20% of income secured by global brand McDonalds which includes a turnover rent mechanism in the lease
Multiple income streams, fully leased to four separate powerhouse tenants
Total net income of $834,037.14 p.a.* plus annual increases including CPI
Highly exposed and commanding gateway corner site of 8,089sqm* benefiting from direct access off the West Gate Freeway (M1) exit ramp
Expansive Corner Frontage of 182.6m*
Over 13,000* cars passing daily on Little Boundary Road and Princes Highway
For Sale by Public Boardroom Auction on Wednesday 13 December 2023 at 2.30pm (AEDT), at Cushman & Wakefield Level 9, 385 Bourke Street, Melbourne.
For more information, please contact Cushman & Wakefield Melbco Retail Middle Markets and Alexander Robertson as the exclusive selling agents.