Brand New Fuel & Retail Investment – Booming South Eastern Growth Corridor

1655 Thompsons Road, Cranbourne North VIC

Property Highlights

Brand new 15 year net lease to United
Large 3,662 sqm corner landholding
Excellent tax saving depreciation
Register to Bid

Description

+ New 15 year net lease to United plus options to 2054.
+ United Petroleum: One of Australia’s largest independent fuel retailers with over 420 sites nationally.
+ Freehold 3,662 sqm corner site with 167 metres combined frontage, located between Woolworths Shopping Centre and Bunnings Warehouse.
+ Newly constructed (2020) buildings including 3 separately titled specialty shops and 25 on-site parking spaces.
+ Supporting specialty shops fully leased with brand new 7 & 5 year leases to Pizza, Vegetarian and Indian restaurants.
+ Attractive net lease terms with tenants paying all usual outgoings.
+ Excellent depreciation benefits.
+ High profile site on the important Thompsons road with 13,400 vehicles* passing daily.
+ Cranbourne North: Strategic growth location within booming City Of Casey, set for 75%+ population growth to 549,190 residents by 2041^.
+ Net Income: $398,704 pa + GST + Outgoings.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 9 December

*Gap Maps
^ Forecast ID

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fuel Station
Land Size
3,662 SQM
Building Area
482 SQM

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