EG Group Woolworths Caltex Australind, 25 Grand Entrance Australind WA 6233

Stonebridge National Investment Sales is pleased to present to the market 'EG Group Woolworths Caltex Australind (Bunbury)' for sale via National Portfolio Auction on Friday 28th October at 11am (AEDT).

The asset has the following key investment features:

- Secure 15 year ground lease to September 2028 + options to 2038 with CPI annual rent increases (up to 5%)

- EG Group Acquired Woolworths Petrol for $1.725 Billion and operate circa 540+ trusted Woolworths Caltex and Ampol service stations in Australia

- Well configured 1,784 sqm* corner site with dual street access and 102 metres of combined frontage to busy arterial roads The Promenade and Grand Entrance

- Modern improvements newly built in 2013 including the latest underground tank infrastructure (owned and maintained by tenant)

- Ideal fuel and convenience retail position neighbouring Bunnings, KFC and adjacent to McDonald's and Woolworths anchored Treendale Shopping Centre

- Additional nearby national retailers include Hungry Jacks (under construction), Subway, Bridgestone, Repco, Tyrepower, 7-Eleven and BWS

- Treendale is a major retail hub servicing Australind's expanding residential area of Bunbury, only 1.5 hours drive from Perth

- Greater Bunbury Burgeoning West Australian district, population 67,000+ and growing due to booming $36 billion local resources and renewable energy activities

- Sought after, highly passive 'ground lease' structure tenant retains ownership of improvements and pays structural repairs & maintenance

- Estimated Net Income $59,580 pa* + GST

*Approximate

'EG Group Woolworths Caltex Australind (Bunbury)' is for sale via National Portfolio Auction on Friday 28th October at 11am (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for more information.

Property Code: 519