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443 Salisbury Highway
Parafield Gardens SA 5107
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Sold on 5 Nov 2021

443 Salisbury Highway Parafield Gardens SA 5107

  • Shop & Retail
  • 247 m²
  • Sold

Impressive Highway Convenience Retail Freehold Investment

+ Secure 11 year triple net lease to 2027 plus seven further 10 year options to 2097.
+ Viva Energy Group Limited (ASX: VEA), a blue-chip $3.4 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 sales volume up 28% since June 2020**.
+ Rare, landlord-favourable, triple net lease terms with tenant responsible for rates, building insurance, public liability insurance and land tax.
+ Tenant also responsible for all structural maintenance, repairs and replacement, (including fuel tanks and equipment).
+ Guaranteed rental growth with annual fixed 3% rent increases.
+ Outstanding 2,401sqm corner land holding with a massive 98metres combined frontage and exposure
+ Salisbury Highway a major Adelaide commuter road servicing 39,000+ vehicles daily.***
+ Located 2km from the Hollywood Plaza, a double-supermarket and DDS shopping centre anchored by Coles, Woolworths and Target 65+ specialty & service stores.
+ Surrounded by important social infrastructure, including 8 schools within 3km accommodating over 2,700 students.***
+ City of Salisbury: By 2036, the City of Salisbury's population is forecast to grow to over 153,000 people.****
+ Strategic essential service investment.
+ Net Rent: $121,723 pa (as at August 2021)

To be sold by Investment Portfolio Auction:
10:30am AEST
Tuesday 10th August 2021
Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

2 other Viva Energy freehold investments also available.
Contact sales team for more details.

RLA 293472 & RLA 312692

**Viva Energy
***Gap maps
****Forecast.id

*All areas and figures approx only. 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.

AUCTION

Auction date and time10/08/2021 10:30
Auction location443 Salisbury Highway, Parafield Gardens SA
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold5 Nov 2021
Floor Area247 m²
Land Area2,401 m²
ParkingAsk Agent
Property ID2017110935
Category
Last updated  18 Aug 2021
Map for 443 Salisbury Highway Parafield Gardens SA 5107

Nearest transport* to 443 Salisbury Highway Parafield Gardens SA 5107

Bus
Stop 37 Salisbury Hwy - South East side50 m
Stop 37 Salisbury Hwy - North West side65 m
Stop School Parafield Gardens High School Shepherdson Rd214 m
Stop 38 Salisbury Hwy - South East side377 m
This data is sourced on 26/11/2024 from Department for Infrastructure and Transport, South Australia, Adelaide Metro General Transit
*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 Sold5 Nov 2021
Floor Area247 m²
Land Area2,401 m²
ParkingAsk Agent
Property ID2017110935
Category
Last updated  18 Aug 2021

Co-Agents

Billy Holderhead
Billy Holderhead
Burgess Rawson VIC Pty Ltd
Call
0422 817 696
Jamie Perlinger
Jamie Perlinger
Burgess Rawson VIC Pty Ltd
Call
0413 860 315

More about 443 Salisbury Highway Parafield Gardens SA 5107

443 Salisbury Highway Parafield Gardens SA 5107 is categorized as Shop & Retail Property. It has a floor area of 247 m² and a land area of 2,401 m². The listing ID for this property is 2017110935.

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