Ampol, 1589 Thompson Road,
Cranbourne North, VIC 3977
Shops & Retail
Price information
Sold
$5,300,000
Key property information
Land area
Property extent
Tenure type
Sold on
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
Ampol, 1589 Thompson Road
Cranbourne North, VIC 3977
Map of Ampol, 1589 Thompson Road
Brand New 12 Year Lease to Major Convenience Retailer | Key Corner Position in One of Victoria's Fastest Growing LGA's
- 2024 Construction - Max Depreciation
- Long 12 Year Lease + Options to 2056
- Jasbe Petroleum: 60+ Sites & Growing
Burgess Rawson is delighted to offer to the market the Ampol (Jasbe) at 1589 Thompsons Road, Cranbourne VIC for sale via Investment Portfolio Auction 173.
This property has the following investment highlights:
+ New Twelve (12) year lease to Jasbe to October 2036 plus options to 2056.
+ Jasbe Petroleum: Established in 1988 with 60+ locations across VIC and NSW and employing over 600 staff.
+ Ampol: Australia’s largest transport energy distributor with over 1,900 Ampol branded service stations nationally.
+ Impressive 2,006 sqm* key corner position, evidenced by neighbouring Woolworths, Chemist Warehouse, and KFC, Nando's, Zambrero’s and Harry Brown
+ Fixed 3% annual rent increases ensuring income growth.
+ Brand new 2024 construction, providing maximum tax saving depreciation benefits.
+ Landlord-favourable net lease terms, with tenant responsible for usual outgoings.
+ Strategic, home bound corner position with frontage to important arterials, Thompsons Road with 13,800 vehicles passing daily** and William Thwaites Boulevard.
+ Directly adjacent to MAB & Galileo Group's future $800 million Croskell industrial precinct, comprising over 180,000sqm of industrial and logistic space, set to benefit from surrounding industrial estates developed by LOGOS, Goodman Group, ESR Australia and Salta Properties.****
+ Part of Oreana's future business centre development.
+ Household spending on fuel in Cranbourne North is $70.60 million (1.97%), compared to the Victorian average of 1.81% ($6,892.54 million).**
+ Cranbourne North’s average number of vehicles per household is 2.08, well above the national average of 1.75.**
+ City of Casey: One of Victoria’s fastest growing LGA’s with population forecast to increase 48.4% to a significant 614,075 by 2046.***
+ Net Income: $329,025 pa* + GST.
For Sale via Investment Portfolio Auction 173
From 10:30am (AEDT), Wednesday 11 December 2024
Crown Casino, River Rooms, Melbourne
For further information, please contact the Burgess Rawson selling agents.
*Approx
**GapMaps
***Forecast.id
****MAB
This property has the following investment highlights:
+ New Twelve (12) year lease to Jasbe to October 2036 plus options to 2056.
+ Jasbe Petroleum: Established in 1988 with 60+ locations across VIC and NSW and employing over 600 staff.
+ Ampol: Australia’s largest transport energy distributor with over 1,900 Ampol branded service stations nationally.
+ Impressive 2,006 sqm* key corner position, evidenced by neighbouring Woolworths, Chemist Warehouse, and KFC, Nando's, Zambrero’s and Harry Brown
+ Fixed 3% annual rent increases ensuring income growth.
+ Brand new 2024 construction, providing maximum tax saving depreciation benefits.
+ Landlord-favourable net lease terms, with tenant responsible for usual outgoings.
+ Strategic, home bound corner position with frontage to important arterials, Thompsons Road with 13,800 vehicles passing daily** and William Thwaites Boulevard.
+ Directly adjacent to MAB & Galileo Group's future $800 million Croskell industrial precinct, comprising over 180,000sqm of industrial and logistic space, set to benefit from surrounding industrial estates developed by LOGOS, Goodman Group, ESR Australia and Salta Properties.****
+ Part of Oreana's future business centre development.
+ Household spending on fuel in Cranbourne North is $70.60 million (1.97%), compared to the Victorian average of 1.81% ($6,892.54 million).**
+ Cranbourne North’s average number of vehicles per household is 2.08, well above the national average of 1.75.**
+ City of Casey: One of Victoria’s fastest growing LGA’s with population forecast to increase 48.4% to a significant 614,075 by 2046.***
+ Net Income: $329,025 pa* + GST.
For Sale via Investment Portfolio Auction 173
From 10:30am (AEDT), Wednesday 11 December 2024
Crown Casino, River Rooms, Melbourne
For further information, please contact the Burgess Rawson selling agents.
*Approx
**GapMaps
***Forecast.id
****MAB
Property ID: 504737484Last Updated: 13 Dec 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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