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Shell, 250-258 Whitehall Street, YARRAVILLE, VIC, 3013

2. Property Highlights

Trophy Convenience Retail Investment, Rent Paid Annually in Advance
  • As new, state-of-the-art investment
  • 10 year lease to $3.4B tenant
  • Rent paid annually in advance

As new fuel and convenience freehold investment with important tax depreciation benefits.

Secure 10 year lease to 2029 plus options to 2049.

Shell/Viva Energy Limited, a blue-chip, $3.4 billion ASX-listed tenant with 1,300 retail fuel sites across Australia.

Rent paid annually in advance.

Annual rent reviews.

Major 3,080 sqm, inner-city corner site with 97m of combined frontage .

Important position 1km to Port of Melbourne, which handles 36%* of Australia’s container trade.

Strategic location 5km to Melbourne CBD, 1km to Westgate Freeway and 750m to Yarraville Station.

Adjoins $34 million** business park and sits directly opposite CSR Gyprock Head Office.

State-of-the-art design including 4 truck bays with 5.5m clearance.

Yarraville/Spotswood: High-growth, inner western Melbourne suburbs with population forecast to 68% by 2051***.

Essential service investment.

Estimated Net Rent $623,520pa plus GST

Wednesday 23 June 2021

River Room, Crown Casino, Melbourne

Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane

*Port of Melbourne

**Herald Sun

***forecast.id

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

Shell, 250-258 Whitehall Street, YARRAVILLE, VIC, 3013

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4. Due Diligence

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