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Shell Orana 342 Albany Highway Orana WA 6330

  • Retail
  • 350 m²
  • For Sale, Contact Agent

BRAND NEW FUEL AND CONVENIENCE RETAIL INVESTMENT PROPERTY ON THE BUSIEST CORNER IN ALBANY

  • New 15 Year net lease to Viva Energy
  • Guaranteed Income Growth
  • Net Annual Income of $397,266*

- Anchored by a new 15 Year Net Lease to Viva Energy with an additional 4x5 year options

- Positioned on the busiest corner in Albany with frontage onto Albany Highway which experiences over 21,900* cars passing per day

- Recently constructed building completed in 2019 offering significant tax and depreciation benefits

- The property offers annual income growth through fixed 3% rental increases and future upside through leasing of the drive-thru tenancy which will be sold with a rent guarantee

- Surrounded by highly regarded national retailers including Bunnings, Coles and Toyota

- The town of Albany is continuing to expand and has strong population growth in the region with 2.8% p.a.* forecast for the next 5 years

- Net income of $397,266 per annum* (fully leased)

For further information please contact the exclusive sales agents:

Richard Cash
+ 61 412 006 949

Anthony Del Borrello
+61 466 687 765

Joseph Du Rieu
+61 408 892 976

*approx

AddressShell Orana 342 Albany Highway Orana WA 6330
ZoningHighway commercial
CouncilCITY OF ALBANY
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Property Highlights

Property ID2015333183
Floor Area350 m²
Land Area3,220 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  25 Sep 2019
Map for Shell Orana 342 Albany Highway Orana WA 6330
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

Ask Joseph Du Rieu about this property

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