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Sold on 11 Aug 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
    Billy Holderhead
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates
    Jamie Perlinger
    Burgess Rawson & Associates
    Jamie Perlinger
    Burgess Rawson & Associates

    Property Highlights

    Property ID2017110935
    Date Sold11 Aug 2021
    Floor Area247 m²
    Land Area2,401 m²
    ParkingAsk Agent
    Category
    Last updated  18 Aug 2021
    Map for 443 Salisbury Highway Parafield Gardens SA 5107
    Map for 443 Salisbury Highway Parafield Gardens SA 5107443 Salisbury Highway Parafield Gardens SA 5107
    Billy Holderhead
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates
    Jamie Perlinger
    Burgess Rawson & Associates
    Jamie Perlinger
    Burgess Rawson & Associates

    Property Highlights

    Property ID2017110935
    Date Sold11 Aug 2021
    Floor Area247 m²
    Land Area2,401 m²
    ParkingAsk Agent
    Category
    Last updated  18 Aug 2021
    Burgess Rawson & Associates
    Level 7, 140 Bourke Street Melbourne VIC 3000
    Billy Holderhead
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates
    Jamie Perlinger
    Burgess Rawson & Associates
    Jamie Perlinger
    Burgess Rawson & Associates
    Billy Holderhead

    Billy Holderhead

    Burgess Rawson & Associates

    Jamie Perlinger

    Jamie Perlinger

    Burgess Rawson & Associates

    0422 *** ***
    0422 817 696

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