BP, 1 Canham Way Greenwood WA 6024

Altegra Property and Stonebridge are pleased to present 'BP Greenwood (Perth)' for sale via Expressions of Interest closing Thursday 10 April at 3pm (AEST).

The asset has the following key investment features:

- Long 15 year net lease to 2037 plus options to 2057 with guaranteed income growth via fixed annual increases

- BP (Epic Group) Established, national fuel and convenience operator with 13+ locations nationwide

- Expansive 1,957 sqm landholding with triple street frontage, including exposure to a major arterial that services 25,182+ vehicles daily

- Exclusive fuel & convenience retail offering for 13.5km stretch between Greenwood Train Station (4,000+ daily commuters by 2031) and Tonkin Highway, plus nearby the Mitchell Freeway

- Land rich corner site featuring favourable Light Industrial zoning and recently completed improvements (built 2022), offering excellent depreciation benefits

- Positioned nearby Woolworths, ALDI and Big W anchored 'Kingsway City' shopping centre, hosting 72 stores and 1,400 parking bays, plus set to benefit from $33m* development adding 135 apartments

- Striking internal fitout across generous 240sqm retail unit, enhanced by iconic Wildbean Café offering, with first class customer amenities including dining area

- Substantial forecourt accommodating at-grade car parking for 9 vehicles, plus full-height freestanding canopy

- Perth Australia's 4th most populous city with population set to reach 3.5m* by 2050, bolstered by Western Australia's booming $404Bn GDP

- Net lease Tenant pays all usual Outgoings including Land Tax, Rates and general Repairs & Maintenance

- Net Income $348,912 pa* + GST

'BP Greenwood (Perth)' is for sale via Expressions of Interest closing Thursday 10 April at 3pm (AEST)

Please contact the exclusively appointed property professionals for more information.

*Approximately

Property Code: 1216