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Shell Orana, WA

Brand new fuel and convenience retail investment property on the busiest corner in Albany
  • Land Area:
    3,220 m2
  • Floor Area:
    350 m2
  • Whole or Part of Building:
    Whole Building
  • Tenancy:
    Tenanted Investment
  • Income:
    $397,266.00 + GST
  • Lease:
  • Anchored by a new 15 Year Net Lease to Viva Energy with an additional 4×5 year options
  • Positioned on the busiest corner in Albany with frontage onto Albany Highway which experiences over 21,900* cars passing per day
  • Recently constructed building completed in 2019 offering significant tax and depreciation benefits
  • The property offers annual income growth through fixed 3% rental increases and future upside through leasing of the drive-thru tenancy which will be sold with a rent guarantee
  • Surrounded by highly regarded national retailers including Bunnings, Coles and Toyota
  • The town of Albany is continuing to expand and has strong population growth in the region with 2.8% p.a.* forecast for the next 5 years
  • Net income of $397,266 per annum* (fully leased)

For Sale via Public Expressions of Interest Closing Thursday 4th July 2019 at 3.00pm (AWST)

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