Cushman & Wakefield Melbco Retail Middle Markets and Alexander Robertson are delighted to present for sale a Premium Essential Service Investment located at, 2 Little Boundary Road, Laverton North VIC, with the following key attributes:
Fully leased essential service offering to multiple premium tenants including listed and global brands; McDonalds, Shell, and Nando's
Long 19-year lease + options to ASX listed tenant Viva Energy trading as Shell and Coles Express, contributing approximately 60% of the income
20% of income secured by global brand McDonalds which includes a turnover rent mechanism in the lease
Multiple income streams, fully leased to four separate powerhouse tenants
Total net income of $834,037.14 p.a.* plus annual increases including CPI
Highly exposed and commanding gateway corner site of 8,089sqm* benefiting from direct access off the West Gate Freeway (M1) exit ramp
Expansive Corner Frontage of 182.6m*
Over 13,000* cars passing daily on Little Boundary Road and Princes Highway
*Approximate
For more information, please contact Cushman & Wakefield Melbco Retail Middle Markets and Alexander Robertson as the exclusive selling agents.
Cushman & Wakefield
Oliver Hay +61 419 528 540
Daniel Wolman +61 412 957 839
Leon Ma +61 417 070 725
Alexander Robertson
Kristian Peatling +61 411 600 754
Warwick Bramich +61 419 373 196