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24-36 Briens Road,
Northfield, SA 5085
Shops & Retail • Warehouse, Factory & Industrial • Showrooms & Large Format Retail
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
![Burgess Rawson - Melbourne](https://i1.au.reastatic.net/170x46-fit/950a72b4fe70bbf7151e4d0922124c20a4e049bc768e0e3a6d9299b5721e4ed9/large.jpg)
24-36 Briens Road
Northfield, SA 5085
Map of 24-36 Briens Road
As New, 15 Year Lease to 2036 + Options | Booming Metro Adelaide Growth Location
- Built 2021, significant depreciation
- Tenant pays all usual outs
- Stamp duty free investment
Burgess Rawson, in conjunction with RWC Adelaide, are pleased to offer to the market the Mobil X Convenience located at 24-36 Briens Road (Cnr Lang Street), Northfield (Adelaide) SA for sale via our Investment Auction Portfolio 169.
This opportunity has the following key investment highlights:
+ Fifteen (15) year lease to 2036 plus two (2) further ten (10) year options to 2056.
+ Mobil X Convenience: fast growing independent fuel retailer with over 50 service stations across South Australia and Western Australia.
+ Landlord-favourable lease terms with tenant responsible for all usual outgoings including Insurance and Management Fees but excluding Land Tax.
+ IMPORTANT: Tenant owns and is responsible to monitor, maintain, service, repair & replace all fuel equipment.
+ Freestanding convenience retail asset constructed in 2021, offering substantial depreciation benefits with $174,000 (55%) of current years income potentially tax free.
+ High-profile corner site with extensive frontage and exposure to Briens Road, a major Adelaide commuter road servicing over 31,000 vehicles per day.**
+ Gepps X Home HQ, Woolworths DC, McDonald’s, KFC, Adelaide Super-Drome and the $90M SA Police Barracks (under construction) all within 1.3km*.
+ Strategically positioned within Northern Adelaide’s premier educational corridor, directly opposite Roma Mitchell Secondary College, which serves over 1,300 students, and within a 3-kilometer radius of 25 schools catering to more than 22,500 full-time students.**
+ Northfield: City fringe metro Adelaide growth suburb, with median house prices up 12%* (in the past 12 months) to $725,000.***
+ City of Port Adelaide Enfield: South Australia's 3rd largest LGA (current population of 135,844), generating $11.2 billion in Gross Regional Product (GRP) with an estimated 85,525 jobs in the area.****
+ Stamp duty free investment.
+ Estimated Net Income: $316,273 pa* + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 26 June 2024
Conference Hall, Crown Casino, Melbourne
*Approx
** GapMaps
***Realestate.com.au
****Economy.id
This opportunity has the following key investment highlights:
+ Fifteen (15) year lease to 2036 plus two (2) further ten (10) year options to 2056.
+ Mobil X Convenience: fast growing independent fuel retailer with over 50 service stations across South Australia and Western Australia.
+ Landlord-favourable lease terms with tenant responsible for all usual outgoings including Insurance and Management Fees but excluding Land Tax.
+ IMPORTANT: Tenant owns and is responsible to monitor, maintain, service, repair & replace all fuel equipment.
+ Freestanding convenience retail asset constructed in 2021, offering substantial depreciation benefits with $174,000 (55%) of current years income potentially tax free.
+ High-profile corner site with extensive frontage and exposure to Briens Road, a major Adelaide commuter road servicing over 31,000 vehicles per day.**
+ Gepps X Home HQ, Woolworths DC, McDonald’s, KFC, Adelaide Super-Drome and the $90M SA Police Barracks (under construction) all within 1.3km*.
+ Strategically positioned within Northern Adelaide’s premier educational corridor, directly opposite Roma Mitchell Secondary College, which serves over 1,300 students, and within a 3-kilometer radius of 25 schools catering to more than 22,500 full-time students.**
+ Northfield: City fringe metro Adelaide growth suburb, with median house prices up 12%* (in the past 12 months) to $725,000.***
+ City of Port Adelaide Enfield: South Australia's 3rd largest LGA (current population of 135,844), generating $11.2 billion in Gross Regional Product (GRP) with an estimated 85,525 jobs in the area.****
+ Stamp duty free investment.
+ Estimated Net Income: $316,273 pa* + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 26 June 2024
Conference Hall, Crown Casino, Melbourne
*Approx
** GapMaps
***Realestate.com.au
****Economy.id
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Property ID: 504602284Last Updated: 10 Jul 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
RWC Adelaide - ADELAIDELevel 1, 333 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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