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JLL - Melbourne

BP Altona North, 415 Grieve Parade Altona North, VIC 3025

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BP Altona North, 415 Grieve Parade,
Altona North, VIC 3025

Warehouse, Factory & Industrial • Shops & Retail • Showrooms & Large Format Retail
Added 3 days ago

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Sale - Expression of Interest

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JLL - Melbourne
Jarrod Herscu
Tom Noonan

JLL - Melbourne

Level 33, 101 Collins Street
MELBOURNE, VIC 3000
JLL - Melbourne
BP Altona North, 415 Grieve Parade
Altona North, VIC 3025

Map of BP Altona North, 415 Grieve Parade

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  • Train stations within 5 km of BP Altona North, 415 Grieve Parade, Altona North, VIC 3025Distance
    Westona Station3.3 km
    Altona Station3.4 km
    Seaholme Station3.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of BP Altona North, 415 Grieve Parade, Altona North, VIC 3025Distance
    Grieve Pde/Pinnacle Way (Altona North)288 m
    TOYOTA Australia/Grieve Pde (Altona North)385 m
    Grieve PdeDohertys Rd641 m
    Westgate700 m
    Westgate Dr/Dohertys Rd (Laverton North)758 m
    POWERED BY HERE ©
POWERED BY HERE ©

Newly Upgraded BP Service Station & Fast-Food Investment Just 11km from the Melbourne CBD

  • New 20-Yr Lease: Experienced BP Operator
  • Fully Upgraded and Refurbished in 2024
  • Dual Income: National Fast-Food Tenant
JLL Retail Investments under instruction from Appel Property is pleased to offer for sale the freehold interest in BP Altona North. A dual income retail investment with a brand new 20-year lease located just 11km* from the Melbourne CBD.
 
The property is situated on Grieve Parade, designated as one of Melbourne’s main industrial roadways within Melbourne’s Principal Freight Network (PFN)

 
Key investment highlights include:

+ Expansive 2,557sqm* corner landholding.
+ Attractive net lease structure with tenants paying all outgoings excluding land tax.
+ 15,000* vehicles passing daily including 4,300* heavy vehicles.
+ Major truck stop location within Melbourne’s prime inner-west industrial precinct, and directly opposite Toyota’s state-of-the-art
$40m ‘Centre-of-excellence’ facility.
+ Long term, 20-year lease to highly experience BP Operation and National Fast Food Operator, New York Minute.
+ Highly connected location only 1.5km* from the entrance to West Gate Freeway.
+ Estimated current passing rental of $485,000 per annum + GST.
+ Major depreciation benefits – Napier & Blakley report available upon request.
 
BP Altona North is available for sale via an Expressions of Interest (EOI) Campaign closing Thursday 28 th November 2024 at 3:00pm (AEDT)
 
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
 
Jarrod Herscu |  0418 155 0...
Tom Noonan |  0402 319 6...
MingXuan Li | 0498 688 9...
Dominic McGrath | 0416 440 525


Brand New 20 - Year Lease to Highly Experienced BP Operator
Fully Upgraded and Refurbished in 2024
Dual Income with Lease to Rapidly Expanding National Fast-Food Chain

Property ID: 504725216Last Updated: 1 Nov 2024

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