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United Petroleum Portfolio 385 Grand Junction Road, Wingfield, SA, 5013

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United Petroleum Portfolio 385 Grand Junction Road, Wingfield, SA, 5013

United Petroleum Portfolio 385 Grand Junction Road, Wingfield, SA, 5013

Properties / Buy / South Australia / Wingfield
Tenanted Investment
Click to view all listings in the Portfolio

1. Property Summary

Selling Method
EOI
Selling Details
Closing Thursday 28 November 2024 at 2pm (ACDT)
Land Area
3,134 m² (*approx)
Property Type
Retail
Sub-type
Service Station
Terms
Long-term lease to 2035 plus 4 x 5 year options
Est. Income
$256,802 p/a
Fully Leased
United Petroleum Wingfield
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2. Property Highlights

Long-WALE Service Station Portfolio offered in one line or individually
  • 12-year lease from April 2023
  • Blue-chip national covenant
  • Zero stamp duty

Colliers is delighted to offer for sale, in one line or individually, United Petroleum Portfolio, Adelaide. United Petroleum 385 Grand Junction Road, Wingfield & United Petroleum 1 Sunnybrook Drive, Wynn Vale.

This high-calibre investment opportunity offers two secure, long-WALE assets in strategic future-proofed locations in metropolitan Adelaide, underpinned by a blue-chip national covenant and zero stamp duty payable.

385 Grand Junction Road, Wingfield, presents as a fully repositioned and refurbished service station with 8 fuel pumps and 249sqm* of building area plus canopy tenanted by one of Australia’s leading fuel providers.

Located on a high-profile intersection on an arterial road, within a dominant and well-established industrial precinct, the site offers excellent visibility and accessibility to 42,700* passing vehicles per day. The location is further enhanced by ongoing development and infrastructure projects, ensuring sustained growth and increased traffic flow.

United Petroleum Wingfield investment highlights:

• Long-term lease to 2035 plus 4 x 5 year options

• Blue-chip tenant with more than 450 locations nationally

• Annual fixed 3% reviews ensuring rental growth

• Net Income of $256,802*

• High-profile and strategic corner site of 3,134sqm*

• Zero stamp duty

• Future development potential^

*approx

^STCA

For Sale by National Expressions of Interest closing Thursday 28 November 2024 at 2pm (ACDT). Expressions of Interest can be made on individual properties or the portfolio in one line.

For further information, or to arrange an inspection, please contact Colliers Adelaide.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Retail
Sub-type
Service Station
Est. Income
$256,802 p/a
Tenant
United Petroleum Wingfield
Terms
Long-term lease to 2035 plus 4 x 5 year options
Land Area
3,134 m² (*approx)
Selling Method
EOI
EOI Closing Date
28 Nov 2024 02:00PM
Selling Details
Closing Thursday 28 November 2024 at 2pm (ACDT)

2. Property Highlights

Long-WALE Service Station Portfolio offered in one line or individually
  • 12-year lease from April 2023
  • Blue-chip national covenant
  • Zero stamp duty

Colliers is delighted to offer for sale, in one line or individually, United Petroleum Portfolio, Adelaide. United Petroleum 385 Grand Junction Road, Wingfield & United Petroleum 1 Sunnybrook Drive, Wynn Vale.

This high-calibre investment opportunity offers two secure, long-WALE assets in strategic future-proofed locations in metropolitan Adelaide, underpinned by a blue-chip national covenant and zero stamp duty payable.

385 Grand Junction Road, Wingfield, presents as a fully repositioned and refurbished service station with 8 fuel pumps and 249sqm* of building area plus canopy tenanted by one of Australia’s leading fuel providers.

Located on a high-profile intersection on an arterial road, within a dominant and well-established industrial precinct, the site offers excellent visibility and accessibility to 42,700* passing vehicles per day. The location is further enhanced by ongoing development and infrastructure projects, ensuring sustained growth and increased traffic flow.

United Petroleum Wingfield investment highlights:

• Long-term lease to 2035 plus 4 x 5 year options

• Blue-chip tenant with more than 450 locations nationally

• Annual fixed 3% reviews ensuring rental growth

• Net Income of $256,802*

• High-profile and strategic corner site of 3,134sqm*

• Zero stamp duty

• Future development potential^

*approx

^STCA

For Sale by National Expressions of Interest closing Thursday 28 November 2024 at 2pm (ACDT). Expressions of Interest can be made on individual properties or the portfolio in one line.

For further information, or to arrange an inspection, please contact Colliers Adelaide.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

United Petroleum Portfolio 385 Grand Junction Road, Wingfield, SA, 5013

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