A newly built, BP-branded truck stop on a substantial 3,841sqm landholding within the growing residential Port Kennedy catchment area south of Perth has been listed for sale.

Situated between Rockingham and Mandurah at 46 Bakewell Drive, the BP Port Kennedy site is anchored by a strong 15-year lease to Epic Co, with four additional five-year options offering annual rental increases.

CBRE’s Director of Retail Investments Western Australia, Richard Cash has been appointed to market the Expressions of Interest campaign which closes on 11 November 2021 at 3:00pm AWST.

“We expect to field significant interest in the opportunity to acquire a defensive, long-WALE asset that is ideally located to provide essential services to commercial and retail customers alike,” Mr Cash said.

“BP Port Kennedy is the fourth truck stop and convenience store that CBRE’s Western Australian Retail Investments team has offered this year, highlighting the demand for securely-leased assets with fixed rental increases, providing opportunity for further income growth.”

Located 50km south of the Perth CBD, the truck stop is close to major shopping areas including Warnbro Centre, Stargate Shopping Centre and Port Kennedy Central.

To request a copy of the Information Memorandum please contact the marketing agent CBRE’s Director of Retail Investments Western Australia Richard Cash via the contact details below.