Viva/Shell, 149 Soward Way,
Greenway, ACT 2900
Shops & Retail • Showrooms & Large Format Retail • Other
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Burgess Rawson Canberra Commercial - Dickson
501/23 Challis StreetDICKSON, ACT 2602
Viva/Shell, 149 Soward Way
Greenway, ACT 2900
Map of Viva/Shell, 149 Soward Way
One of Canberra's Best High Profile Fuel & Convenience Retail Investments
- 10 year net lease to 2032
- Massive 3,129 sqm corner site
- Major 2023 tenant refurbishment
Burgess Rawson is pleased to offer to the market 149 Soward Way, Greenway ACT for sale via our Investment Portfolio Auction 172.
This investment has the following key investment highlights:
+ Renewed ten (10) year net lease over the entire property to Viva Energy Australia Pty Ltd until 2032 plus further options to 2052
+ Viva Energy: One of Australia's most dominant fuel and energy providers supplying a quarter of the nation's fuel needs with over 1,300 service stations
+ Reddy Express: a new brand launched by Viva replacing the Coles Express brand across Australia, offering high quality food, snacks and fuels. The Reddy Express brand will continue to support the Flybuys loyalty program and fuel discounts through Coles
+ Major recent upgrade and refurbishment completed in 2023 by Viva Energy Australia Pty Ltd, demonstrating their long term commitment to this outstanding corner positioned site with a further scope of rebranding and remodelling it's convenience store to Viva's premium brand 'On the Run' (OTR)
+ Attractive annual CPI rent reviews
+ Significant 3,129sqm corner landholding in a strategic location in close proximity to South.Point Shopping Centre hosting Woolworths, BWS, Coles and Big W
+ Greenway: a growing suburb in the heart of Tuggeranong district, population 89,461
+ Includes the major national covenant of Jax Tyres & Auto, being a sub-tenant of Viva Energy Australia
+ Easily managed with one market leading national tenant - Viva being 100% responsible for the total rent (with Jax Tyres & Auto being a sub-tenant to Viva)
+ Net Income: $495,331 pa* + GST (estimated from 1 Nov 2024)
To be sold by Investment Portfolio Auction
10:30 am AEDT Tuesday 29 October 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
This investment has the following key investment highlights:
+ Renewed ten (10) year net lease over the entire property to Viva Energy Australia Pty Ltd until 2032 plus further options to 2052
+ Viva Energy: One of Australia's most dominant fuel and energy providers supplying a quarter of the nation's fuel needs with over 1,300 service stations
+ Reddy Express: a new brand launched by Viva replacing the Coles Express brand across Australia, offering high quality food, snacks and fuels. The Reddy Express brand will continue to support the Flybuys loyalty program and fuel discounts through Coles
+ Major recent upgrade and refurbishment completed in 2023 by Viva Energy Australia Pty Ltd, demonstrating their long term commitment to this outstanding corner positioned site with a further scope of rebranding and remodelling it's convenience store to Viva's premium brand 'On the Run' (OTR)
+ Attractive annual CPI rent reviews
+ Significant 3,129sqm corner landholding in a strategic location in close proximity to South.Point Shopping Centre hosting Woolworths, BWS, Coles and Big W
+ Greenway: a growing suburb in the heart of Tuggeranong district, population 89,461
+ Includes the major national covenant of Jax Tyres & Auto, being a sub-tenant of Viva Energy Australia
+ Easily managed with one market leading national tenant - Viva being 100% responsible for the total rent (with Jax Tyres & Auto being a sub-tenant to Viva)
+ Net Income: $495,331 pa* + GST (estimated from 1 Nov 2024)
To be sold by Investment Portfolio Auction
10:30 am AEDT Tuesday 29 October 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Property ID: 504701640Last Updated: 19 Dec 2024
Burgess Rawson Canberra Commercial - Dickson501/23 Challis Street
DICKSON, ACT 2602
DICKSON, ACT 2602
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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