The Service Centre anchored by BP (12 Year Lease) and Carl’s Jr. (15 Year Lease) plus two (2) complementary warehouse tenants for sale by Rorey James, Kevin Tong and Justin Dowers from Stonebridge Property Group.
Stonebridge have another major fuel investment coming to market in Melbourne’s thriving South East suburb of Clayton.
The Service Centre is anchored by BP (12 Year Lease) and Carl’s Jr. (15 Year Lease) plus two (2) complementary warehouse tenants returning circa $695,000 pa. The property has a long WALE of 12 years.
“This is one of the most strategically located convenience Centre’s in the southeast of Melbourne, given its significant corner exposure and access. The position of the Centre sits between the Clayton prime retail strip and the constantly growing commercial and industrial precinct.” – Kevin Tong, Stonebridge Property Group.
“The opportunity provides fixed 3% growth in the rent which will be highly attractive, especially for those investors looking at a long-term horizon acquisition”. – Kevin Tong, Stonebridge Property Group.
Spread over 6,693sqm of land, the newly build property provides significant depreciation tax benefits for the incoming purchaser. The Public Expression of Interest campaign will close on 17th March 2022.
To request a copy of the Information Memorandum please contact one of the marketing agents via the contact details below.