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BP Altona North, 2 Pinnacle Road, Altona North, VIC, 3025
Altona North
JLL Retail Investments under instruction from Appel Property is pleased to offer for sale the freehold interest in BP Altona North. A dual income retail investment with a brand new 20-year lease located just 11km* from the Melbourne CBD.
The property is situated on Grieve Parade, designated as one of Melbourne’s main industrial roadways within Melbourne’s Principal Freight Network (PFN)
Key investment highlights include:
+ Expansive 2,557sqm* corner landholding.
+ Attractive net lease structure with tenants paying all outgoings excluding land tax.
+ 15,000* vehicles passing daily including 4,300* heavy vehicles.
+ Major truck stop location within Melbourne’s prime inner-west industrial precinct, and directly opposite Toyota’s state-of-the-art
$40m ‘Centre-of-excellence’ facility.
+ Long term, 20-year lease to highly experience BP Operation and National Fast Food Operator, New York Minute.
+ Highly connected location only 1.5km* from the entrance to West Gate Freeway.
+ Estimated current passing rental of $485,000 per annum + GST.
+ Major depreciation benefits – Napier & Blakley report available upon request.
BP Altona North is available for sale via an Expressions of Interest (EOI) Campaign closing Thursday 28 th November 2024 at 3:00pm (AEDT).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Tom Noonan | 0402 319 698
Dominic McGrath | 0416 440 525
Brand New 20 - Year Lease to Highly Experienced BP Operator
Fully Upgraded and Refurbished in 2024
Dual Income with Lease to Rapidly Expanding National Fast-Food Chain
Remember to mention you found this property on CommercialReady
JLL Retail Investments under instruction from Appel Property is pleased to offer for sale the freehold interest in BP Altona North. A dual income retail investment with a brand new 20-year lease located just 11km* from the Melbourne CBD.
The property is situated on Grieve Parade, designated as one of Melbourne’s main industrial roadways within Melbourne’s Principal Freight Network (PFN)
Key investment highlights include:
+ Expansive 2,557sqm* corner landholding.
+ Attractive net lease structure with tenants paying all outgoings excluding land tax.
+ 15,000* vehicles passing daily including 4,300* heavy vehicles.
+ Major truck stop location within Melbourne’s prime inner-west industrial precinct, and directly opposite Toyota’s state-of-the-art
$40m ‘Centre-of-excellence’ facility.
+ Long term, 20-year lease to highly experience BP Operation and National Fast Food Operator, New York Minute.
+ Highly connected location only 1.5km* from the entrance to West Gate Freeway.
+ Estimated current passing rental of $485,000 per annum + GST.
+ Major depreciation benefits – Napier & Blakley report available upon request.
BP Altona North is available for sale via an Expressions of Interest (EOI) Campaign closing Thursday 28 th November 2024 at 3:00pm (AEDT).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Tom Noonan | 0402 319 698
Dominic McGrath | 0416 440 525
Brand New 20 - Year Lease to Highly Experienced BP Operator
Fully Upgraded and Refurbished in 2024
Dual Income with Lease to Rapidly Expanding National Fast-Food Chain
Remember to mention you found this property on CommercialReady
BP Altona North, 2 Pinnacle Road, Altona North, VIC, 3025
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
