Two strategically located service stations in  metropolitan Adelaide are exclusively being brought to market by Colliers. These high-calibre  investment opportunities are available for purchase in one line or individually, presenting a unique  chance for investors to acquire secure, long-term leased assets in prime locations. 

The portfolio features long-term leases extending to 2035 to the independent, 100% Australian owned petrol retailer, United Petroleum, that operates approximately 450 service stations across  Australia. The leases include annual fixed 3% reviews, ensuring consistent income growth.  

Both properties are situated in strategic corner locations with high vehicle traffic exposure,  contributing to a combined net income of approximately $528,087 annually. Additionally, the  properties benefit from South Australia's zero stamp duty and offer future development potential. 

Colliers Head of Investment Services | South Australia, Jordan Schmidt, commented, "These are great secure leased investments that can be purchased in one line or individually. With no stamp  duty and the strong covenant, locations, and passive nature, we anticipate significant interest from  both local and interstate investors." 

The first asset, located at 385 Grand Junction Road, Wingfield, sits on a 3,134 sqm site and is  positioned at a high-profile intersection on a main arterial road within a dominant industrial precinct  with visibility and access to about 42,700 passing vehicles daily. The location is further enhanced by  ongoing development and infrastructure projects, ensuring sustained growth and increased traffic  flow. 

The second property is located at 1 Sunnybrook Drive, Wynn Vale and occupies a 1,737 sqm site,  positioned within a well-established retail and residential area. It benefits from proximity to The  Grove Shopping Centre and Westfield Tea Tree Plaza. With strong connectivity to the well-populated  and growing North East Corridor, the site is poised for growth, supported by ongoing population  growth and retail activity. 

Colliers National Director Capital Markets & Investment Services Alistair Mackie added, "This is a rare  opportunity to acquire high-quality assets with long-term leases in strategic locations. The potential  for future development further enhances the attractiveness of these investments." 

Jordan Schmidt, Rhys Newman, and Alistair Mackie are exclusively managing the National  Expressions of Interest (EOI) campaign, which closes on Thursday, 28 November 2024, at 2:00 pm  (ACDT). 

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