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For Sale | Retail new

213A Sunshine Road

213A Sunshine Road
Tottenham, VIC 3012
Australia
Building Size:
2,141 Square Metres
Sale Price:
3,000,000.00
Lot Size (Square Metres):
2141

Cushman and Wakefield and KBL Commercial are pleased to present to the market 213A Sunshine Road, Tottenham VIC 3012 to be sold via Expressions of Interest closing Thursday 5th December at 4pm. The property has the following key characteristics: • Easily managed single tenant investment • 15 year lease to 2035 + options to 2070 • Significant depreciation benefits • Strategic inner city 2,141 sqm corner site with significant exposure to car/heavy vehicle traffic • Tottenham – Inner city suburb located just 9 kms from the Melbourne CBD • Westside Petroleum (50% Owned by VIVA Energy) – National fuel operator with over 50 stores nationally. • Viva Energy Australia Pty Ltd – Wholly owned subsidiary of ASX listed Viva Energy Group Ltd (ASX: VEA). Market capitalisation - $3.90 Billion. Over 1,250 locations across Australia • Purpose built facility with modern dual skinned fibre glass tanks • Tenant pays all outgoings (excluding Land Tax) • Fixed 3% annual rent increases ensuring continued income growth • Net Income $355,000 pa + GST • The property is for sale in Cushman and Wakefield’s December Investment Portfolio together with KBL Commercial. It will be sold via Expressions of Interest closing on Thursday 5th December at 4pm AEDT. For more information about this property please contact the exclusive agents.