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2 Little Boundary Road
Laverton North VIC 3026
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Sold on 8 Dec 2023

2 Little Boundary Road Laverton North VIC 3026

  • Shop & Retail
  • 8,089 m²
  • Sold

A Trifecta of AAA Global Covenants

  • Fully leased: McDonalds, Shell & Nando's
  • Highly Attractive Net Leases
  • Gateway 8,089sqm* Corner Site

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

*Approximate

For more information, please contact Cushman & Wakefield Melbco Retail Middle Markets and Alexander Robertson as the exclusive selling agents.

Cushman & Wakefield

Oliver Hay +61 419 528 540

Daniel Wolman +61 412 957 839

Leon Ma +61 417 070 725

Alexander Robertson

Kristian Peatling +61 411 600 754

Warwick Bramich +61 419 373 196

Property Highlights

Date Sold8 Dec 2023
Floor Area8,089 m²
Land Area8,089 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018860924
Category
Last updated  12 Dec 2023
Map for 2 Little Boundary Road Laverton North VIC 3026

Property Highlights

Date Sold8 Dec 2023
Floor Area8,089 m²
Land Area8,089 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018860924
Category
Last updated  12 Dec 2023
Level 9, 385 Bourke Street Melbourne VIC 3000

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