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Colliers - ADELAIDE

United Petroleum Portfolio 385 Grand Junction Road Wingfield, SA 5013

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United Petroleum Portfolio 385 Grand Junction Road,
Wingfield, SA 5013

Other • Shops & Retail
Added 4 days ago

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Sale - Expression of Interest closing Thu 28 Nov

Please contact agent

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Colliers - ADELAIDE
Alistair Mackie
Rhys Newman
Jordan Schmidt

Colliers - ADELAIDE

Level 9, 121 King William Street
ADELAIDE, SA 5000
Colliers - ADELAIDE
United Petroleum Portfolio 385 Grand Junction Road
Wingfield, SA 5013

Map of United Petroleum Portfolio 385 Grand Junction Road

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  • Train stations within 5 km of United Petroleum Portfolio 385 Grand Junction Road, Wingfield, SA 5013Distance
    Cheltenham Station2.7 km
    Alberton Station2.8 km
    St Clair Station2.8 km
    Kilburn Station3.1 km
    Woodville Station3.1 km
    POWERED BY HERE ©
  • Bus stops within 5 km of United Petroleum Portfolio 385 Grand Junction Road, Wingfield, SA 5013Distance
    30h Grand Junction Rd - North Side101 m
    30a Hanson Rd - West Side139 m
    30 Hanson Rd - East Side334 m
    31g Grand Junction Rd - South Side343 m
    30g Grand Junction Rd - South Side421 m
    POWERED BY HERE ©
POWERED BY HERE ©

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, 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.

385 Grand Junction Road, Wingfield, presents as a fully repositioned and refurbished service station with 8 fuel pumps and 249sqm* of building area plus canopy tenanted by one of Australia’s leading fuel providers.

Located on a high-profile intersection on an arterial road, within a dominant and well-established industrial precinct, the site offers excellent visibility and accessibility to 42,700* passing vehicles per day. The location is further enhanced by ongoing development and infrastructure projects, ensuring sustained growth and increased traffic flow.

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 $256,802*
• High-profile and strategic corner site of 3,134sqm*
• 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: 504722176Last Updated: 31 Oct 2024

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