Skip to main content
45 McIntyre Road
Sunshine VIC 3020
SearchBack to results
Sold on 14 Sep 2022

45 McIntyre Road Sunshine VIC 3020

  • Shop & Retail
  • 1 m²
  • Sold

Rare 10 Year Ground Lease to 2031 | Significant Underlying Land Value

    Rare 10-year ground lease to 2031 plus options to 2046.
    United Petroleum: Top tier tenant, one of Australia's largest and fastest growing independent fuel retailers with over 465 sites nationally.**
    Strong and certain rental growth with fixed annual, compounding 2% increases.
    Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings excluding Land Tax.
    Recent major tenant funded upgrade and refurbishment.
    Landlord friendly lease tenant owns all infrastructure including the buildings, tanks and lines.
    Favourable Industrial 1 Zoning (IN1Z) with substantial development upside (STCA).
    Major 3,260 sqm* retail site with 114 metres* of frontage and exposure to McIntyre Road, a main arterial road
    servicing over 27,000 vehicles daily.***
    Adjacent to Pickles Auctions, Australia's leading vehicle, industrial and salvage asset remarketing company with over 23 branches nationwide and more than 150 auctions monthly.****
    Bunnings, Woolworths, Coles, ALDI, Dan Murphy's, JB Hi-Fi, McDonald's, KFC, Hungry Jack's, Big W and Western Ring Road connection all within 2km.*
    Located 650m* from Vicinity-owned Sunshine Marketplace, a single supermarket and DDS shopping centre anchored by Woolworths and Big W, complemented by over 50 specialty stores.*****
    Melbourne's 2nd Largest LGA, the City of Brimbank generates $25.85 billion in annual economic output with an estimated 68,766 jobs in the area.******
    The value of building approvals in the City of Brimbank has grown 42% to $733 million since FY2021/2022.******
    Sunshine: Strategic Metro-Melbourne location just 11km west of Melbourne CBD, population forecast to grow 71.5% by 2041.*******
    Minimum management, essential service investment.
    Net Income: $93,445 pa + GST.*

    To be sold by Investment Portfolio Auction:
    10:30am AEST
    Wednesday 14 September 2022
    Crown Casino, Melbourne
    *Approximately
    ** United Petroleum
    *** Gapmaps
    **** Pickles Auctions
    ***** Vicinty
    ****** Remplan
    *******Forecast.id

    AUCTION

    Auction date and time14/09/2022 10:30
    Auction locationCrown Casino - River Room - Melbourne

    Property Highlights

    Date Sold14 Sep 2022
    Floor Area1 m²
    Land Area3,260 m²
    ParkingAsk Agent
    Property ID2018000255
    Category
    Last updated  16 Sep 2022
    Map for 45 McIntyre Road Sunshine VIC 3020

    Property Highlights

    Date Sold14 Sep 2022
    Floor Area1 m²
    Land Area3,260 m²
    ParkingAsk Agent
    Property ID2018000255
    Category
    Last updated  16 Sep 2022

    Co-Agents

    Jamie Perlinger
    Burgess Rawson VIC Pty Ltd
    Call
    0413 860 315
    Rick Jacobson
    Burgess Rawson VIC Pty Ltd
    Call
    0413 830 083

    More Shop & Retail for Sale in Sunshine VIC

    Sold
    248 hampshire road,sunshine, VIC 3020
    251 m²
    Shop & Retail
    Sold
    14 & 14a watt street,sunshine, VIC 3020
    146 m²
    Shop & Retail
    Sold
    45 mcintyre road,sunshine, VIC 3020
    1 m²
    Shop & Retail