Added 1 day ago
OTR, 1487 South Road,
Darlington, SA 5047
Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail
Added 1 day ago
Price information
Sale - Auction Wed 30 Oct
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$330,996
Number of Tenants
1 Tenant
Tenants / Type
OTR
Auction
Private inspections
to arrange a private inspection.
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
OTR, 1487 South Road
Darlington, SA 5047
Map of OTR, 1487 South Road
Train stations within 5 km of OTR, 1487 South Road, Darlington, SA 5047 Distance Flinders Railway Station 1 km Tonsley Station 1.9 km Oaklands Station 2.5 km Mitchell Park Station 2.6 km Warradale Railway Station 2.9 km POWERED BY HERE ©Bus stops within 5 km of OTR, 1487 South Road, Darlington, SA 5047 Distance 29c Marion Rd - East Side 75 m 30 Flagstaff Rd - East Side 210 m Stop 29c Marion Rd-West Side 249 m 29b Marion Rd - East Side 527 m 30 Main South Rd - North West Side 592 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
+ 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
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Leedwell Property (RLA 222531) - ADELAIDELevel 1, 16 Hutt Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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