Stonebridge is pleased to present Viva Shell Coles Express Mount Annan for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Outstanding and rare lease structure with rent paid annually in advance by major ASX listed tenant who have occupied site since 1995
- Renewed 5 year net lease + options to 2056 with market leading annual increases to the greater of 2.5% or CPI
- Viva Energy Australia Blue chip $4.77 Bn ASX listed convenience retail giant supplying one quarter of fuel nationally*
- Large 5,158 sqm* corner site with significant underlying land value and featuring 'E1 Local Centre' zoning, offering multiple potential future uses (STCA)
- Outstanding long-term prospects being one of a few commercially zoned sites within Mount Annan's core retail precinct
- Irreplaceable location neighbouring McDonald's and directly opposite Woolworths anchored 'Mount Annan Marketplace', plus within 300 metres* of KFC, Hungry Jack's, Red Rooster, Aldi and Coles
- Well configured site with triple street frontage and dual access benefitting from position nearby multiple roundabouts, providing all-direction connectivity
- Only 150 metres from junction of Narellan Road and Waterworth Drive Sydney's third busiest intersection experiencing 159,113+ vehicle movements daily
- Mount Annan Located within Camden, Australia's fastest growing LGA, with 83% population growth in the last 5 years and set to reach 243,500+ residents by 2041
- South West Sydney - $155 Billion major economy contributing 8% of national GDP, forecasted to host 3,000,000+ residents by 2036
- Net Lease Tenant pays all usual outgoings including Land Tax, Insurance and general Repairs & Maintenance
- Net Income $606,453* + GST, rent paid annually in advance
'Viva Shell Coles Express Mount Annan' is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 827