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Burgess Rawson - Melbourne

United Petroleum, Corner Ranford Road & Terrier Place Southern River, WA 6110

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United Petroleum, Corner Ranford Road & Terrier Place,
Southern River, WA 6110

Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land

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Burgess Rawson - Melbourne
Jamie Perlinger

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
United Petroleum, Corner Ranford Road & Terrier Place
Southern River, WA 6110

Map of United Petroleum, Corner Ranford Road & Terrier Place

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As New Convenience Retail Investment with Development Upside

  • Blue-Chip Tenant
  • Significant Depreciation Benefits
  • Development Upside
+ Long Term 15 year lease to United Petroleum to 2034 plus options to 2049
+ Important, compounding fixed 3% annual rental increases
+ Leased to United Petroleum, one of Australia’s leading and fastest growing fuel & convenience retailer with 450 + sites across Australia
+ Substantial 3,982sqm* corner site with 82m exposure to Ranford Road, with 30,000 vehicles passing daily
+ Significant development upside with an exceptional 800sqm* of undeveloped land suitable for a number complementary uses
+ High profile location with close proximity to Bunnings, McDonalds, Coles, Livingston Marketplace and Forrestdale Industrial Business Park
+ Ranford Road: a major transport arterial connecting Southern River with the Tonkin Highway linking the Perth International Airport and CBD
+ City of Gosnells: One of Perth’s booming residential suburbs with a population set to increase 25% to 170,000+ by 2036**
+ Blue chip, essential service investment
+ Tenant pays all usual outgoings as per Lease
+ Net Income: $315,462.15 pa* + GST

To be sold by Burgess Rawson Investment Portfolio Auction
Wednesday 23 June 2021
Crown Casino, Melbourne
Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane

Forecast Id**

Property ID: 503834794Last Updated: 23 Aug 2021

Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

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