Share this property

realcommercial.com.au
Burgess Rawson - Melbourne

Viva Energy Australia, 182 Stud Road Dandenong, VIC 3175

Directions

Viva Energy Australia, 182 Stud Road,
Dandenong, VIC 3175

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

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Burgess Rawson - Melbourne
Matthew Wright
Rick Jacobson
Jamie Perlinger

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Viva Energy Australia, 182 Stud Road
Dandenong, VIC 3175

Map of Viva Energy Australia, 182 Stud Road

Directions

Impressive Convenience Retail Investment

  • 15 Year Lease to 2030
  • Major 7,370sqm gateway site
  • ASX Listed Tenant - Viva Energy
+ Secure 15-year lease to 2030 plus options to 2045.
+ Viva Energy Group Limited (ASX: VEA), a blue-chip $3.5 billion ASX-listed company and Shell’s Australian licensee with over 1,300 retail fuel sites across Australia**.
+ Viva Energy controls 24% of Australia’s retail fuel market, with retail fuel volume up 23% in the first half of 2021**.
+ Landlord-favourable net lease terms with the tenant paying all rates, building and public liability insurances.
+ Annual CPI rent reviews.
+Impressive 360sqm convenience retail store including a Subway Restautant
+ Recent tenant-funded upgraded and refurbished to the convenience store to their latest corporate layout and design.
+ Substantial and underutilised 7,370sqm site with 65 metre frontage.
+ Strategic gateway location to Dandenong CBD and the first fuel & convenience retail site and off the Monash Freeway.
+ High exposure positioning with 28,000 vehicles passing daily***
+ Surrounded by important social infrastructure, including 13 schools in a 3km radius servicing a combined 6,844 full time students.***
+ Strategic location between Dandenong Stadium and major intersection Stud and Heatherton Roads, encompassed by McDonalds, Red Rooster and the Dandenong Club.
+ Greater Dandenong: an important and growing Melbourne suburb, forecast growth of 22% to 205,000+ people within 7 years****
+ Revitalising Dandenong Central: attracting over $1 billion in private sector investment with completion in 2031, creating 5,000 jobs, 470 new dwellings and 2,500sqm of community space.*****
+ Secure Essential Service Investment
+ Estimated Net Rent: $392,848 pa + GST.


*Viva Energy Australia
**Libertyoil.com.au
***Gapmaps
**** Greater Dandenong Council
****Development.vic.gov.au
*****
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.  

Property ID: 503956030Last Updated: 15 Feb 2022

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Burgess Rawson - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.