Added 1 day ago
OTR, 287 Kensington Road,
Marryatville, SA 5068
Shops & Retail • Other
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.
$265,691
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, 287 Kensington Road
Marryatville, SA 5068
Map of OTR, 287 Kensington Road
Train stations within 5 km of OTR, 287 Kensington Road, Marryatville, SA 5068 Distance Victoria Square Station 4.8 km POWERED BY HERE ©Tram stops within 5 km of OTR, 287 Kensington Road, Marryatville, SA 5068 Distance Tram Pirie St 4.8 km City South 4.8 km Rundle Mall 4.8 km Tram South Terrace 4.9 km Tram Victoria Square 4.9 km POWERED BY HERE ©Bus stops within 5 km of OTR, 287 Kensington Road, Marryatville, SA 5068 Distance 10 Tusmore Ave - West Side 138 m 10 Kensington Rd - South Side 145 m 11 Kensington Rd - South Side 288 m 11 Tusmore Ave - West Side 361 m 9 Kensington Rd - South Side 469 m POWERED BY HERE ©
POWERED BY HERE ©
Adelaide Trophy Freehold | VIVA Energy Triple Net Lease
- New 15 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 15 year lease to 2039 plus options through to 2074
+ 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)
+ Prime corner position, the first convenience retail site from the CBD
+ As new construction (2022) offering significant deprecation benefits
+ Strategic home-bound position close to Woolworths with 22,100* vehicles passing daily (3)
+ Affluent inner city location with a median house price of $1,510,000
+ Premier education precinct with Pembroke School, Saint Ignatius Junior School, Loreto College, St Peter’s Collegiate Girl’s School, Glenunga International High School and 12 other schools servicing 14,509 full-time students within a 3km radius. gapmaps
+ South Australia: #1 performing economy in Australia, leading the country in 4 of the key economic indicators. (4)
+ Stamp duty free investment
+ Rent: $265,691 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 0415 494 0...
* Approx
1. Viva Energy
2. OTR/Viva
3. Gapmaps
4. Commsec State of States Report
+ Brand new 15 year lease to 2039 plus options through to 2074
+ 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)
+ Prime corner position, the first convenience retail site from the CBD
+ As new construction (2022) offering significant deprecation benefits
+ Strategic home-bound position close to Woolworths with 22,100* vehicles passing daily (3)
+ Affluent inner city location with a median house price of $1,510,000
+ Premier education precinct with Pembroke School, Saint Ignatius Junior School, Loreto College, St Peter’s Collegiate Girl’s School, Glenunga International High School and 12 other schools servicing 14,509 full-time students within a 3km radius. gapmaps
+ South Australia: #1 performing economy in Australia, leading the country in 4 of the key economic indicators. (4)
+ Stamp duty free investment
+ Rent: $265,691 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 0415 494 0...
* Approx
1. Viva Energy
2. OTR/Viva
3. Gapmaps
4. Commsec State of States Report
Property ID: 504702288Last 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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