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Auction | Retail Sold

Strategic Pad Site Neighbouring Coles & Woolworths

202 Warnbro Sound Avenue
Warnbro, WA 6169
Australia
Inquire About This Property
Building Size:
470 SQM
Lot Size (SQM):
2566

Cushman & Wakefield is pleased to present to the market 202 Warnbro Sound Avenue, Warnbro for Sale via Auction. The property has the following key characteristics: - 15 year net lease to 2036 + options to 2066 - EG Group - Multinational fuel and convenience retail operator with $32.4 Billion and 6,012 locations globally - EG Group - Acquired Woolworths Petrol for $1.7 Billion and operate circa 540 Woolworths Caltex services - Excellent convenience retail position with additional neighbours including McDonald’s, KFC, Liquorland and Big W - Wide 50m frontage to bustling main arterial Road Warnbro South Avenue, 32,331 vehicles passing day - Warnbro - Established southern Perth suburb 42 km from CBD, trade area set to grow to 127,000+ by 2027 - Newly built in 2009, the site offers modern improvements and dual-skinned fibre-glass tanks - Favourable environmental provisions, ownership of the tanks and remediation the responsibility of EG Group - Net Income $290,000 pa + GST The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Friday 19 March at 10am AEDT at Doltone House Hyde Park, located on 3/181 Elizabeth Street, Sydney NSW. Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne. Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield. - Other
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