Burgess Rawson are pleased to offer to market the Viva Energy at 338 Ipswich Road, Annerley QLD, to be sold via National Portfolio Auction 177.
This property has the following key investment highlights:
+ Fifteen (15)year net lease to 2031 plus Four (4)furtherFive(5)year options to 2051.
+ Rent paid annually in advance.
+ Landlord-favourable, net lease terms with Viva Energy responsible for rates, public liability insurance and single holding land tax under the lease.
+ Highly desirable CPI rental reviews.
+ Viva Energy Group Limited (ASX: VEA): Blue-chip ASX200 company & Shell's Australian licensee. (1)
+ With over 1,500 fuel and convenience retail sites nationwide, Viva Energy has completed acquisitions of Coles Express, and the South Australia-based OTR group, aiming to transform it into Australia's leading convenience and mobility retailer. (1)
+ Land rich 2,464 sqm* site with 41 metres* of frontage and exposure to one of Brisbane's busiest roads 'Ipswich Road', connecting South Brisbane suburbs and Ipswich to the CBD, servicing 350,000 vehicles* passing weekly.
+ Impressive convenience retail centre featuring four (4) undercover fuel bowsers, complemented by 110sqm vacant retail space for one or two tenancies presenting strong future rental uplift potential.
+ Strategic location 4km* from Brisbane CBD and surrounding by key infrastructure including 650m* to Princess Alexandra Hospital and Buranda Village Shopping Centre and 1.8km* from The Gabba.
+ Important convenience retail location first service station when travelling southbound via the Clem Jones Tunnel, a key connection between Brisbane's northern and southern suburbs.
+ Located 350m from Vicinity Centres' $750m* DA-approved Buranda Village 'Urban Village' redevelopment, featuring 620+ apartments and 50,000sqm of office, retail, and community space, positioning the area for significant future growth and strong capital uplift. (2)
+ Surrounded by important social infrastructure and a rapidly growing catchment, including 29 schools servicing 31,500+ students, 98,000+ residents, and 52,000+ motor vehicles within a 3km radius, ensuring the strong trade of the tenant. (3)
+ Annerley: Affluent, blue-chip inner-city suburb, only 4km* from Brisbane CBD with median house prices increasing 30% to $1,300,000 over the last 24 months, demonstrating strong capital growth. (4)
+ City of Brisbane: Australia's largest council by population, with a population forecast to grow 12.9% to over 2,900,000 people by 2035. (5)
+ Estimated Net Income: $620,273pa* + GST
For Sale via Investment Portfolio Auction 177
10:30am AEST Thursday 26 June 2025
The Westin, Brisbane
Jamie Perlinger
0413 860 315
jperlinger@burgessrawson.com.au
Tom Lawrence
0428 626 117
tlawrence@burgessrawson.com.au
*Approx
1 Viva Energy
2 Vicinity
3 Gapmaps
4 ***
5 World Population
