Two Brand New Fuel Investments In Premium Locations

Industrial/Warehouse  

247 Greens Road, Dandenong South & 1060 Thompsons Road, Cranbourne West

Offered as a package or single purchase
Both opportunities are being offered for sale by expressions of interest closing Wednesday 12th December 2018 at 5.00pm.

247 GREENS ROAD, DANDENONG SOUTH

The property provides an exceptional combination of integrated services, location and accessibility.

247 Greens Road is a brand new United Petroleum service station, to be completed in mid 2019. It features an integrated convenience store and a Pie Face with drive-thru access.

Easy entry for vehicles utilising EastLink is complemented by close proximity to the LOGIS industrial park – which will be occupied by 4,000-5,000 workers when completed. With twin canopies, hi-flow diesel and B-double access – it is ready to accommodate the needs of the park and passers-by.

– Site area: 2,973sqm
– Tenants: United Petroleum & Pie Face
– Gross lettable area (GLA): 335sqm
– Weighted average lease expiry (WALE): 15.00
– Fully leased net income: $450,000 pa
– First service station off Eastlink
– Major service centre with twin canopies, hi-flow diesel and B-double access
– Fixed 3% annual reviews
– Substantial taxation depreciation benefits
– High traffic volume: 26,000+ cars and 5,000+ heavy vehicles passing daily

1060 THOMPSONS ROAD, CRANBOURNE WEST

The property offers a noteworthy opportunity in a thriving location.
1060 Thompsons Road features a major service centre in the new Thompson Gateway – a mixed-use precinct comprising retail, commercial, office, warehouse and showroom spaces.

The site is located in the City of Casey – one of Australia’s fastest growing catchments for population growth with an expected 54.6% increase to 181,819 people by 2041.

– Tenant: United Petroleum
– Gross lettable area (GLA): 229sqm
– Weighted average lease expiry (WALE): 15.00
– Fully leased net income: $290,000 pa