Burgess Rawson and CBRE are pleased to offer to the market the Viva Energy Freehold Investment at 129-133 Main North Road, Nailsworth for sale via our Auction Investment Portfolio 158.
The property has the following investment highlights:
+ Secure 15-year net lease to 2036 plus four (4) further five (5) year options to 2056.
+ Viva Energy Australia (ASX: VEA): Blue-chip $4.26 billion ASX-listed conglomerate with 1,300 sites nationally.**
+ Landlord-favourable, net lease terms with tenant responsible for rates, building insurance, single holding land tax and management fees (capped at $5,000).
+ Strong and certain rental growth with annual, fixed compounding 3% increases.
+ Significant underlying land value.
+ As new freestanding convenience retail asset offering significant depreciation benefits - $286,000 in potential year 1 tax deductions (78%).***
+ Substantial retail store built to Liberty’s impressive corporate layout and convenience retail design.
+ High profile 2,004sqm* highway site with dual frontage and exposure to Princes Highway, a major Adelaide commuter road linking the CBD with Adelaide’s northern suburbs - over 46,800 vehicles passing daily.****
+ Located 1km from the Sefton Plaza Shopping Centre, a single-supermarket and DDS sub-regional centre anchored by Target, Best and Less, Foodland and Chemist Warehouse – complemented by over 30 specialty stores and approx. 380 car park spaces.
+ Less than 1.3km from various major car dealerships and the Northpark Shopping Centre, a double-supermarket and DDS shopping centre anchored by Coles, Woolworths and The Reject Shop, supported by over 40 specialty stores and approx. 300 car park spaces.
+ Surrounded by important social infrastructure, including 24 schools within 3km servicing over 14,400 full time students.****
+ Nailsworth: City fringe metro Adelaide growth suburb, with median house prices up 38% (in the past 12 months) to $1,175,000.*****
+ Stamp duty free investment.
+ Net Income: $365,650 pa* + GST
To be sold by Investment Portfolio Auction:
10:30am AEST Tuesday 21 February 2023
Yallamundi Rooms, Sydney Opera House, Sydney
*Approximately
**Viva Energy Australia
***JMA
****GapMaps
*****Realestate.com.au
Please contact the exclusively appointed Burgess Rawson team for more information.
Remember to mention you found this property on CommercialReady
Burgess Rawson and CBRE are pleased to offer to the market the Viva Energy Freehold Investment at 129-133 Main North Road, Nailsworth for sale via our Auction Investment Portfolio 158.
The property has the following investment highlights:
+ Secure 15-year net lease to 2036 plus four (4) further five (5) year options to 2056.
+ Viva Energy Australia (ASX: VEA): Blue-chip $4.26 billion ASX-listed conglomerate with 1,300 sites nationally.**
+ Landlord-favourable, net lease terms with tenant responsible for rates, building insurance, single holding land tax and management fees (capped at $5,000).
+ Strong and certain rental growth with annual, fixed compounding 3% increases.
+ Significant underlying land value.
+ As new freestanding convenience retail asset offering significant depreciation benefits - $286,000 in potential year 1 tax deductions (78%).***
+ Substantial retail store built to Liberty’s impressive corporate layout and convenience retail design.
+ High profile 2,004sqm* highway site with dual frontage and exposure to Princes Highway, a major Adelaide commuter road linking the CBD with Adelaide’s northern suburbs - over 46,800 vehicles passing daily.****
+ Located 1km from the Sefton Plaza Shopping Centre, a single-supermarket and DDS sub-regional centre anchored by Target, Best and Less, Foodland and Chemist Warehouse – complemented by over 30 specialty stores and approx. 380 car park spaces.
+ Less than 1.3km from various major car dealerships and the Northpark Shopping Centre, a double-supermarket and DDS shopping centre anchored by Coles, Woolworths and The Reject Shop, supported by over 40 specialty stores and approx. 300 car park spaces.
+ Surrounded by important social infrastructure, including 24 schools within 3km servicing over 14,400 full time students.****
+ Nailsworth: City fringe metro Adelaide growth suburb, with median house prices up 38% (in the past 12 months) to $1,175,000.*****
+ Stamp duty free investment.
+ Net Income: $365,650 pa* + GST
To be sold by Investment Portfolio Auction:
10:30am AEST Tuesday 21 February 2023
Yallamundi Rooms, Sydney Opera House, Sydney
*Approximately
**Viva Energy Australia
***JMA
****GapMaps
*****Realestate.com.au
Please contact the exclusively appointed Burgess Rawson team for more information.
Remember to mention you found this property on CommercialReady
129-133 Main North Road, NAILSWORTH, SA, 5083