Stonebridge, in conjunction with Sterling Property, is pleased to present United Petroleum Anketell (Perth) for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Brand new 15 year net lease to 2039 plus options to 2059, with favourable fixed 3% annual increases
- United Petroleum - Dominant convenience retailer with a decorated 25+ year track record & 500+ locations nationally
- Dominant 2,904 sqm* landholding at the gateway to strategic commercial centre precinct, improved by brand new convenience retail & offering significant depreciation benefits
- Irreplaceable pad-site seamlessly integrated with strong performing McDonalds and DA-approved neighbourhood shopping centre, directly opposite one of two Costco's state-wide
- Highly exposed position with over 100 metres of valuable dual street frontage to key arterial, Thomas Road ($6m redevelopment in 2023)
- Set off Kwinana Freeway a crucial commuter route connecting Perth to Mandurah and the wider region, witnessing 44,000+ vehicles daily
- Located just 30 km* south of Perth's CBD, host to 2.2 million* residents and forecast set to explode 37% by 2050
- Anketell, Kwinana Region - Major growth corridor in the heart of the 'Western Trade Coast', contributing $15b in GDP and neighbouring Kwinana Industrial Area (30,800+ jobs)
- Net Lease Tenant pays all usual outgoings including Land Tax, Council Rates and General Repairs & Maintenance
- Net Income $335,000 pa* + GST
United Petroleum Anketell (Perth) is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge and Sterling Property professionals for more information.
*Approximately