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Sold on 11 Aug 2021

77 Port Road Queenstown SA 5014

  • Shop & Retail
  • 322 m²
  • Sold

Metro Adelaide Viva Energy Freehold Investment

    + Secure 12 year triple net lease to 2028 plus seven further 10 year options to 2098.
    + 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.
    + Impressive 2,951sqm corner site with a combined 101m of frontage and exposure.
    + Strategically positioned on the corner of Port Road and Tapleys Hill Road two major commuter roads servicing an average of 45,500+ vehicles per day.***
    + Prime position, 1.5km from high-profile tenants including Bunnings, Harvey Norman, Coles, IGA, and BWS plus the famous Alberton Oval.
    + Westfield West Lakes, a double supermarket and DDS shopping centre anchored by Coles, Woolworths, Target, Kmart, David Jones and JB Hi-Fi 190+ specialty stores and over 4000 car spaces all within 2.5kms.
    + City of Port Adelaide Enfield: Located only 8kms from the Adelaide CBD, many of the more than 8,100 businesses based in the City of Port Adelaide Enfield operate on a national or global level. ****
    + Strategic essential service investment.
    + Net Rent: $139,112 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.

    RLA 293472 & RLA 312692

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

    **Viva Energy
    ***Gap maps
    **** www.cityofpae.sa.gov.au

    AUCTION

    Auction date and time10/08/2021 10:30
    Auction location77 Port Road, Queenstown SA
    Billy Holderhead
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates
    Jamie Perlinger
    Burgess Rawson & Associates
    Jamie Perlinger
    Burgess Rawson & Associates

    Property Highlights

    Property ID2017110887
    Date Sold11 Aug 2021
    Floor Area322 m²
    Land Area2,951 m²
    ParkingAsk Agent
    Category
    Last updated  18 Aug 2021
    Map for 77 Port Road Queenstown SA 5014
    Map for 77 Port Road Queenstown SA 501477 Port Road Queenstown SA 5014
    Billy Holderhead
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates
    Jamie Perlinger
    Burgess Rawson & Associates
    Jamie Perlinger
    Burgess Rawson & Associates

    Property Highlights

    Property ID2017110887
    Date Sold11 Aug 2021
    Floor Area322 m²
    Land Area2,951 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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