Western Sydney Viva Energy Freehold Investment

73 Pembroke Road (corner Durham Street), Minto NSW

Property Highlights

Rare Triple Net Lease to Viva Energy
Western Sydney growth location
Tenant pays outgoings incl Land Tax

Description

Secure 10 year triple net lease to 2026 plus seven further 10 year options to 2096.
Viva Energy Group Limited (ASX: VEA), a blue-chip $2.9 billion ASX-listed company and Shell’s Australian licensee with 1,292 retail fuel sites across Australia**.
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.
Important 1,882 sqm* gateway corner site with 85 metres combined frontage.
Surrounded by Woolworths, Kmart, ALDI, KFC, McDonald’s, Hungry Jack’s, Minto Train Station, Sarah Redfern Primary and Secondary Schools all within 900 metres.
Close to major Western Sydney industrial and logistics precinct, home to Visy, Unilever, CSR, Bluescope, Amart Furniture, Volvo, Komatsu, Breville and Qube Intermodal Shipping Terminal.
The Employment and Logistics precinct within Minto employs 3,500 and strategic development is expected to generate 1,790 new jobs (a 51% increase to 5,290) by 2036***.
Campbelltown City, 36kms from Sydney’s CBD, a fast-growing corridor of Western Sydney with population forecast to grow by 57% to 275,778 by 2036****.
Strategic essential service investment.
Net Rent: $133,935 pa*

To be sold by Investment Portfolio Auction:
11am AEDT
Tuesday 8 December
Yallamundi Rooms
Sydney Opera House

2 other Viva Energy freehold investments also available.
Contact sales team or visit burgessrawson.com.au/lp/vivaportfolio for more information.

**Viva Energy
***Planning NSW
****.id
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fuel Station
Land Size
1,882 SQM
Building Area
250 SQM

Contact Me