OTR, 1487 South Road,
Darlington, SA 5047
Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail
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Leedwell Property (RLA 222531) - ADELAIDE
Level 1, 16 Hutt StreetADELAIDE, SA 5000
OTR, 1487 South Road
Darlington, SA 5047
Map of OTR, 1487 South Road
New 16 Year Triple Net Lease to ASX Retail Giant VIVA Energy
- New 16 Year Triple Net Lease
- Viva Energy ASX Retail Giant
- Fixed 3.5% Rent Increases
Burgess Rawson are pleased to offer to the market 287 Kensington Road, Marryatville (Kensington Park) SA for sale via Auction Investment Portfolio 172.
+ Brand new 16 year lease to 2040 plus options through to 2075
+ Guaranteed rental growth with annual fixed 3.5% rent increases
+ Tenant pays ‘multiple holding’ land tax
+ Rare triple net lease structure, with tenant responsible for all rates, multiple holding land tax, building insurance
+Tenant also responsible for all structural maintenance, repairs and replacement, (including fuel tanks and equipment).
+ Viva Energy (ASX: VEA): blue-chip $4.51 billion* ASX200 company recently purchasing Coles Express & OTR making Viva Energy Australia’s leading convenience retail with 1,500 sites nationally (1)
+ OTR: leading convenience retailer generating $3 billion in revenue annually, with 200+ sites across Australia, licenses for QSR’s including Hungry Jack’s, GyG, Subway & Oporto (2)
+ Major 4,235sqm*main road site with 68 metre* frontage
+ Significant 646sqm* convenience retail includes Subway plus Automatic and manual wash bays
+ Significant taxation saving depreciation
+ Strategic home-bound position with 52,200* vehicles passing daily (3)
+ Darlington: 10km* to Adelaide CBD, catchment population to grow to 220,000 by 2041
+ Located 3.5km from Westfield Marion, a triple supermarket shopping centre anchored by Coles, Woolworths, ALDI, Big W, Bunnings, Target, Dan Murphy’s, KFC, Testra and complimented by over 220 specialty retailers and 725 car parking spaces.
+ Close to Flinders Private Hospital, Flinders University (circa 26,000 students) and Tonsley TAFE campus.
+ South Australia: #1 performing economy in Australia, leading the country in 4 of the key economic indicators. (4)
+ Stamp duty free investment
+ Rent: $330,996 pa* + GST
For Sale by Portfolio Auction Investment 172
10:30am AEDT Wednesday 30 October 2024
River Room - Crown Casino, Melbourne
Contact the exclusively appointed agent for more information.
Burgess Rawson & Associates Victoria Pty Ltd | RLA 327401
Raoul Holderhead 0413 860 3...
Jamie Perlinger 0413 860 3...
Leedwell Property Pty Ltd | RLA 222531
Mitch Curnow 415 494 056
* Approx
1. Viva Energy
2. OTR/Viva
3. Gapmaps
4. Commsec State of States Report
+ Brand new 16 year lease to 2040 plus options through to 2075
+ Guaranteed rental growth with annual fixed 3.5% rent increases
+ Tenant pays ‘multiple holding’ land tax
+ Rare triple net lease structure, with tenant responsible for all rates, multiple holding land tax, building insurance
+Tenant also responsible for all structural maintenance, repairs and replacement, (including fuel tanks and equipment).
+ Viva Energy (ASX: VEA): blue-chip $4.51 billion* ASX200 company recently purchasing Coles Express & OTR making Viva Energy Australia’s leading convenience retail with 1,500 sites nationally (1)
+ OTR: leading convenience retailer generating $3 billion in revenue annually, with 200+ sites across Australia, licenses for QSR’s including Hungry Jack’s, GyG, Subway & Oporto (2)
+ Major 4,235sqm*main road site with 68 metre* frontage
+ Significant 646sqm* convenience retail includes Subway plus Automatic and manual wash bays
+ Significant taxation saving depreciation
+ Strategic home-bound position with 52,200* vehicles passing daily (3)
+ Darlington: 10km* to Adelaide CBD, catchment population to grow to 220,000 by 2041
+ Located 3.5km from Westfield Marion, a triple supermarket shopping centre anchored by Coles, Woolworths, ALDI, Big W, Bunnings, Target, Dan Murphy’s, KFC, Testra and complimented by over 220 specialty retailers and 725 car parking spaces.
+ Close to Flinders Private Hospital, Flinders University (circa 26,000 students) and Tonsley TAFE campus.
+ South Australia: #1 performing economy in Australia, leading the country in 4 of the key economic indicators. (4)
+ Stamp duty free investment
+ Rent: $330,996 pa* + GST
For Sale by Portfolio Auction Investment 172
10:30am AEDT Wednesday 30 October 2024
River Room - Crown Casino, Melbourne
Contact the exclusively appointed agent for more information.
Burgess Rawson & Associates Victoria Pty Ltd | RLA 327401
Raoul Holderhead 0413 860 3...
Jamie Perlinger 0413 860 3...
Leedwell Property Pty Ltd | RLA 222531
Mitch Curnow 415 494 056
* Approx
1. Viva Energy
2. OTR/Viva
3. Gapmaps
4. Commsec State of States Report
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Property ID: 504702292Last Updated: 19 Dec 2024
Leedwell Property (RLA 222531) - ADELAIDELevel 1, 16 Hutt Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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