United Petroleum Portfolio 1 Sunnybrook Drive,
Wynn Vale, SA 5127
Other • Shops & Retail
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Sale - Expression of Interest
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Colliers - ADELAIDE
Level 9, 121 King William StreetADELAIDE, SA 5000
United Petroleum Portfolio 1 Sunnybrook Drive
Wynn Vale, SA 5127
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Long-WALE Service Station Portfolio offered in one line or individually
- 12-year lease from April 2023
- Blue-chip national covenant
- Zero stamp duty
Colliers is delighted to offer for sale, in one line or individually, The United Petroleum Portfolio, Adelaide. United Petroleum 385 Grand Junction Road, Wingfield & United Petroleum 1 Sunnybrook Drive, Wynn Vale.
This high-calibre investment opportunity offers two secure, long-WALE assets in strategic future-proofed locations in metropolitan Adelaide, underpinned by a blue-chip national covenant and zero stamp duty payable.
1 Sunnybrook Drive, Wynn Vale, presents as a fully repositioned and refurbished service station with 4 fuel pumps and 171sqm* of building area plus canopy tenanted by one of Australia’s leading fuel providers.
Strategically positioned within a well-established retail and residential area, benefiting from proximity to The Grove Shopping Centre and Westfield Tea Tree Plaza, and strong connectivity to the well populated and growing North East Corridor, the site is poised for growth with ongoing population growth and retail activity.
United Petroleum Wingfield investment highlights:
• Long-term lease to 2035 plus 4 x 5 year options
• Blue-chip tenant with more than 450 locations nationally
• Annual fixed 3% reviews ensuring rental growth
• Net Income of $271,285*
• High-profile and strategic corner site of 1,737sqm*
• Zero Stamp Duty
• Future development potential^
*approx.
^STCA
For Sale by National Expressions of Interest closing Thursday 28 November 2024 at 2pm (ACDT). Expressions of Interest can be made on individual properties or the portfolio in one line.
For further information, or to arrange an inspection, please contact Colliers Adelaide.
This high-calibre investment opportunity offers two secure, long-WALE assets in strategic future-proofed locations in metropolitan Adelaide, underpinned by a blue-chip national covenant and zero stamp duty payable.
1 Sunnybrook Drive, Wynn Vale, presents as a fully repositioned and refurbished service station with 4 fuel pumps and 171sqm* of building area plus canopy tenanted by one of Australia’s leading fuel providers.
Strategically positioned within a well-established retail and residential area, benefiting from proximity to The Grove Shopping Centre and Westfield Tea Tree Plaza, and strong connectivity to the well populated and growing North East Corridor, the site is poised for growth with ongoing population growth and retail activity.
United Petroleum Wingfield investment highlights:
• Long-term lease to 2035 plus 4 x 5 year options
• Blue-chip tenant with more than 450 locations nationally
• Annual fixed 3% reviews ensuring rental growth
• Net Income of $271,285*
• High-profile and strategic corner site of 1,737sqm*
• Zero Stamp Duty
• Future development potential^
*approx.
^STCA
For Sale by National Expressions of Interest closing Thursday 28 November 2024 at 2pm (ACDT). Expressions of Interest can be made on individual properties or the portfolio in one line.
For further information, or to arrange an inspection, please contact Colliers Adelaide.
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Property ID: 504722180Last Updated: 4 Nov 2024
Colliers - ADELAIDELevel 9, 121 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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