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2 Pinnacle Road
Altona North VIC 3025
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2 Pinnacle Road Altona North VIC 3025

  • Factory, Warehouse & Industrial
  • 2,557 m²
  • For Sale, Contact Agent

Newly Upgraded BP Service Station & Fast-Food Investment Just 11km from the Melbourne CBD

  • New 20-Yr Lease: Experienced BP Operator
  • Fully Upgraded and Refurbished in 2024
  • Dual Income: National Fast-Food Tenant

JLL Retail Investments under instruction from Appel Property is pleased to offer for sale the freehold interest in BP Altona North. A dual income retail investment with a brand new 20-year lease located just 11km* from the Melbourne CBD.

The property is situated on Grieve Parade, designated as one of Melbourne's main industrial roadways within Melbourne's Principle Freight Network (PFN)

Key investment highlights include:

+ Expansive 2,557sqm* corner landholding.
+ Attractive net lease structure with tenants paying all outgoings excluding land tax.
+ 15,000 vehicles passing daily including 4,300 heavy vehicles.
+ Major truck stop location within Melbourne's prime inner-west industrial precinct, and directly opposite Toyota's State-of-the art $40m 'Centre-of-excellence' facility.
+ Long term, 20-year lease to highly experience BP Operation and National Fast Food Operator, New York Minute.
+ Highly connected location only 1.5km* from the entrance to West Gate Freeway.
+ Estimated current passing rental of $485,000 per annum + GST.

BP Altona North is available for sale via an Expressions of Interest (EOI) Campaign closing Thursday 28 th November 2024 at 3:00pm (AEDT)

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Jarrod Herscu |  0418 155 062
Tom Noonan |  0402 319 698
MingXuan Li | 0498 688 998
Dominic McGrath| 0416 440 525

Brand New 20 - Year Lease to Highly Experienced BP Operator
Fully Upgraded and Refurbished in 2024
Dual Income with Lease to Rapidly Expanding National Fast-Food Chain

JLL - Melbourne
JLL - Melbourne
Level 33/101 Collins St
Melbourne, VIC 3000

Property Highlights

Floor Area2,557 m²
Land Area2,557 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019601062
Category
Last updated  30 Oct 2024
Map for 2 Pinnacle Road Altona North VIC 3025
JLL - Melbourne
JLL - Melbourne
Level 33/101 Collins St
Melbourne, VIC 3000

Property Highlights

Floor Area2,557 m²
Land Area2,557 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019601062
Category
Last updated  30 Oct 2024

More about 2 Pinnacle Road Altona North VIC 3025

2 Pinnacle Road Altona North VIC 3025 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 2,557 m² and a land area of 2,557 m². The listing ID for this property is 2019601062.

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