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77 Port Road
Queenstown SA 5014
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Sold on 20 Oct 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
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold20 Oct 2021
Floor Area322 m²
Land Area2,951 m²
ParkingAsk Agent
Property ID2017110887
Category
Last updated  18 Aug 2021
Map for 77 Port Road Queenstown SA 5014

Nearest transport* to 77 Port Road Queenstown SA 5014

Bus
Stop 31 Port Rd - South West side79 m
Stop 31 Port Rd - North East side98 m
Stop 30 Port Rd - North East side192 m
Stop 29 Old Port Rd - North side237 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 Sold20 Oct 2021
Floor Area322 m²
Land Area2,951 m²
ParkingAsk Agent
Property ID2017110887
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 77 Port Road Queenstown SA 5014

77 Port Road Queenstown SA 5014 is categorized as Shop & Retail Property. It has a floor area of 322 m² and a land area of 2,951 m². The listing ID for this property is 2017110887.

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