Lot 2 Stockman Road,
Kununurra, WA 6743

Strategically located on Victoria Highway at the Eastern Gateway to Kununurra this property represents an ideal long term investment option.

The 3Ha site has been operated as a long-haul fuel stop and fuel distribution depot for many years, now under lease to a blue-ribbon multinational company with current lease to 2022 and lease options through to 2032. It is being offered for sale as a going concern with an excellent starting yield of 10% at the asking price of $1.3m.

The lessee, Puma Energy is a global company operating in over 45 countries and with turnover in excess of $13 billion in 2014 and has been expanding in Australia over the recent decade with major acquisitions and further plans to increase their operations in Australia. Their operation is world class in terms of safety, sustainability and environmental compliance which provides great confidence to any prospective owner of this site.

The town of Kununurra is poised for strong growth over coming decades with major expansion started already to double the agriculture sector within the next 5-10 years and steadily growing tourism and service industries. The depot offers some exclusive services for road trains and tourism traffic and also distributes bulk fuel products to many surrounding mining, industrial and pastoral customers.

The site is equipped with above ground and below ground tanks, office and retail areas, 24 hr code access pumps and ablution amenities for truck drivers, an overhead refilling gantry for tankers and multiple shed and workshop structures. There is two street access including direct access guaranteed by easements to the Victoria Highway on the immediate outskirts of the township.

This is a rare opportunity to acquire a strategic site as a long term commercial investment with a AAA+ grade tenant in place for the long term.

Contact Brad Williams at Kimberley First National to express your interest or for an information pack.