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
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+ 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

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

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