1050 Thompsons Road,
Cranbourne West, VIC 3977
Shops & Retail • Warehouse, Factory & Industrial • Showrooms & Large Format Retail
Price information
Sold
$6,180,000
Key property information
Land area
Floor area
Tenure type
Sold on
Jones Real Estate - Australia
Level 8, 1 Elizabeth StreetMELBOURNE, VIC 3000
1050 Thompsons Road
Cranbourne West, VIC 3977
Map of 1050 Thompsons Road
MAJOR SET & FORGET PASSIVE INVESTMENT LEASED FOR 15 YEARS WITH OPTIONS UNTIL 2054 SITUATED IN AUS 4TH FASTEST GROWING MUNACIPALITY
- MAJOR NATIONAL TENANT WITH 420+ SITES
- 4TH FASTEST GROWING MUNICIPALITY IN AUS
- 15 YEARS LEASE WITH 20 YEARS OF OPTIONS!
Jones Real Estate is pleased to offer, for your consideration, a highly secure passive investment underpinned by Australia's leading independent fuel retailer "United Petroleum Pty Ltd" with 420+ sites nationally & a property that offers a major, high profile location in one of Australia's 4th fastest growing and booming municipalities the "City of Casey".
For Sale via Expressions of Interest, closing 24th of March 2021 at 12pm.
The site itself is a part of the newly developed 'Thompsons Gateway', a mixed-use precinct which comprises of retail, office and warehouse/showroom space, in Melbourne's booming south eastern precinct.
Located on a major thoroughfare Thompsons Road – with 13,400* passing vehicles daily, this essential freight and transport route is a vital east-west corridor in Metropolitan Melbourne's rapidly growing south-east region. Thompson's Road intersects with major north-south routes including; Mornington Peninsula Freeway, EastLink, Western Port Highway and South Gippsland Freeway.
Thompsons Road and the immediate area has undergone a major $225 million upgrade which includes extra lanes and slip lanes to allow for less disruption for the 13,400+^ vehicles passing the site each day.
Key highlights of this remarkable, set and forget passive investment include;
- Net passing income of approximately $300,000 per annum* plus GST & Outgoings
- A secure 15 year lease with 20 years of options expiring 2054
- Tenant Pays all usual outgoings and the lease offers CPI annual rental increases
- Favourable Zoning Urban Growth Zone – Schedule 1 (UGZ1)
- Securely leased to one of Australia's largest fuel retailers, United Petroleum Pty Ltd with over 420 sites nationally
- Access to the online data room, containing due diligence information which is available upon request.
For Sale via Expressions of Interest, closing 24th of March 2021 at 12pm.
*Denotes approx.
**.IDcommunity
^VicRoads
For Sale via Expressions of Interest, closing 24th of March 2021 at 12pm.
The site itself is a part of the newly developed 'Thompsons Gateway', a mixed-use precinct which comprises of retail, office and warehouse/showroom space, in Melbourne's booming south eastern precinct.
Located on a major thoroughfare Thompsons Road – with 13,400* passing vehicles daily, this essential freight and transport route is a vital east-west corridor in Metropolitan Melbourne's rapidly growing south-east region. Thompson's Road intersects with major north-south routes including; Mornington Peninsula Freeway, EastLink, Western Port Highway and South Gippsland Freeway.
Thompsons Road and the immediate area has undergone a major $225 million upgrade which includes extra lanes and slip lanes to allow for less disruption for the 13,400+^ vehicles passing the site each day.
Key highlights of this remarkable, set and forget passive investment include;
- Net passing income of approximately $300,000 per annum* plus GST & Outgoings
- A secure 15 year lease with 20 years of options expiring 2054
- Tenant Pays all usual outgoings and the lease offers CPI annual rental increases
- Favourable Zoning Urban Growth Zone – Schedule 1 (UGZ1)
- Securely leased to one of Australia's largest fuel retailers, United Petroleum Pty Ltd with over 420 sites nationally
- Access to the online data room, containing due diligence information which is available upon request.
For Sale via Expressions of Interest, closing 24th of March 2021 at 12pm.
*Denotes approx.
**.IDcommunity
^VicRoads
Property ID: 503768038Last Updated: 30 Aug 2022
Jones Real Estate - AustraliaLevel 8, 1 Elizabeth Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from Jones Real Estate - Australia
Other properties you might be interested in based on the location and property type you are looking at.
$8,628,000
11 Assembly Drive,Dandenong South, VIC 3175 1244 m²Medical & Consulting • Shops & Retail • Warehouse, Factory & Industrial