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Burgess Rawson - Melbourne

1487 South Road Darlington, SA 5047

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1487 South Road,
Darlington, SA 5047

Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail
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Sale - Auction Wed 30 Oct

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Burgess Rawson - Melbourne
Raoul Holderhead
Jamie Perlinger

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
1487 South Road
Darlington, SA 5047

Map of 1487 South Road

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  • Train stations within 5 km of 1487 South Road, Darlington, SA 5047Distance
    Flinders Railway Station1 km
    Tonsley Station1.9 km
    Oaklands Station2.5 km
    Mitchell Park Station2.6 km
    Warradale Railway Station2.9 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 1487 South Road, Darlington, SA 5047Distance
    29c Marion Rd - East Side75 m
    30 Flagstaff Rd - East Side210 m
    Stop 29c Marion Rd-West Side249 m
    29b Marion Rd - East Side527 m
    30 Main South Rd - North West Side592 m
    POWERED BY HERE ©
POWERED BY HERE ©

New 16 Year Triple Net Lease to ASX Retail Giant VIVA Energy

  • New 16 Year Triple Net Lease
  • Viva Energy ASX Retail Giant
  • Fixed 3.5% Rent Increases
Burgess Rawson are pleased to offer to the market 287 Kensington Road, Marryatville (Kensington Park) SA for sale via Auction Investment Portfolio 172.

+ Brand new 16 year lease to 2040 plus options through to 2075
+ Guaranteed rental growth with annual fixed 3.5% rent increases
+ Tenant pays ‘multiple holding’ land tax
+ Rare triple net lease structure, with tenant responsible for all rates, multiple holding land tax, building insurance
+Tenant also responsible for all structural maintenance, repairs and replacement, (including fuel tanks and equipment).
+ Viva Energy (ASX: VEA): blue-chip $4.51 billion* ASX200 company recently purchasing Coles Express & OTR making Viva Energy Australia’s leading convenience retail with 1,500 sites nationally (1)
+ OTR: leading convenience retailer generating $3 billion in revenue annually, with 200+ sites across Australia, licenses for QSR’s including Hungry Jack’s, GyG, Subway & Oporto (2)
+ Major 4,245sqm*main road site with 68 metre* frontage
+ Significant 365sqm* convenience retail includes Subway plus Automatic and manual wash bays
+ Significant taxation saving depreciation
+ Strategic home-bound position with 52,200* vehicles passing daily (3)
+ Darlington: 10km* to Adelaide CBD, catchment population to grow to 220,000 by 2041
+ Located 3.5km from Westfield Marion, a triple supermarket shopping centre anchored by Coles, Woolworths, ALDI, Big W, Bunnings, Target, Dan Murphy’s, KFC, Testra and complimented by over 220 specialty retailers and 725 car parking spaces.
+ Close to Flinders Private Hospital, Flinders University (circa 26,000 students) and Tonsley TAFE campus.
+ South Australia: #1 performing economy in Australia, leading the country in 4 of the key economic indicators. (4)
+ Stamp duty free investment
+ Rent: $330,996 pa* + GST

For Sale by Portfolio Auction Investment 172
10:30am AEDT Wednesday 30 October 2024
River Room - Crown Casino, Melbourne

Contact the exclusively appointed agent for more information.

Burgess Rawson & Associates Victoria Pty Ltd | RLA 327401
Raoul Holderhead 0413 860 3...
Jamie Perlinger 0413 860 3...

Leedwell Property Pty Ltd | RLA 222531
Mitch Curnow 415 494 056


* Approx
1. Viva Energy
2. OTR/Viva
3. Gapmaps
4. Commsec State of States Report

Property ID: 504702292Last Updated: 2 Oct 2024

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