52 Chute Street Diamond Creek VIC 3089

Burgess Rawson are pleased to offer to the market the Shell/Viva Convenience Retail in Diamond Creek (Melbourne) VIC for sale via Investment Portfolio Auction 177.

The property has the following investment highlights:

+ 10-year net lease over the entire site to Viva Energy to 2034 plus options till 2054
+ Viva Energy (ASX: VEA): Blue-chip ASX200 company recently purchasing Coles Express & OTR making Viva Energy Australia's leading convenience retailer with 1,500 sites nationally (1)
+ Fixed, compounding 3% annual rent increases, ensuring continued income growth
+ Strong, set-and-forget net lease structure with the tenant responsible for all usual outgoings, including land tax, as per the lease
+ Includes Happywash Carwash and Dogwash, 100% under the Viva Energy lease
+ High profile commuter road, with over 20,400 vehicles passing daily (2)
+ Position perfect 2,437 sqm* corner freehold landholding with important 110 metres* street frontage and exposure
+ Flexible Activity Centre 2 Zoning being part of the Diamond Creek Major Activity Centre
+ Superb central location in the heart of the Diamond Creek commercial precinct surrounded by leading national brands including Coles, Liquorland, Ritchie's IGA, McDonald's, Priceline and Squire's Loft
+ Diamond Creek: Stepping stone suburb to the Yarra Valley, just 21kms* North-East from the Melbourne CBD with a median house price of over $1,000,000 (3)
+ Net Income: $278,100 pa* + GST

To be sold by Investment Portfolio Auction 177
10:30am AEST, Wednesday 25 June 2025
River Room, Crown Casino, Melbourne VIC

For more information, please contact the exclusive selling agents.

* Approx
SHB = Single Holding Basis
(1) Viva Energy Australia
(2) GapMaps
(3) ***