Modern 'As New' Service Station Neighbouring Woolworths
Brand New 15 Year Net Lease + Opts
Global Fuel and Convenience Retail Giant
Net Income $230,000 pa + GST
Cushman & Wakefield is pleased to present to the market 317 Millhouse, Road, Aveley for Sale via Auction.
The property has the following key characteristics:
- 15 year net lease to 2036 + options to 2066 - EG Group - Multinational fuel and convenience retail operator with $32.4 Billion and 6,012 locations globally - EG Group - Acquired Woolworths Petrol for $1.7 Billion and operate circa 540 Woolworths Caltex service stations - High profile location on major arterial Millhouse Road near Bunnings, McDonalds Aldi, First Choice, Coles and Kmart - Prominent 55m* frontage with exposure to 30,000+ vehicles per day - Aveley - Rapidly growing suburb with population doubling between 2011-2016, 23 km from Perth CBD - Newly built in 2016, the site offers modern improvements and dual-skinned fibre-glass tanks - Favourable environmental provisions, ownership of the tanks and remediation the responsibility of EG Group - Net Income $230,000 pa + GST
The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Friday 19 March at 10am AEDT at Doltone House Hyde Park, located on 3/181 Elizabeth Street, Sydney NSW.
Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.
Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.
