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SOLD
Viva Energy/Mycar, 20 Winki Way, TORQUAY, VIC, 3228
Tenanted Investment
DETAILS
Premium Freestanding Highway Service Centre
  • 50% Stamp Duty Saving
  • Viva & Mycar on 10 Year Leases to 2029
  • Essential Service Tenants

***50% STAMP DUTY SAVING AVAILABLE***

+ Long Term 10 years leases to Continental AG/Mycar & Viva Energy To 2029 plus options to 2049.

+ Viva Energy Group Limited (ASX: VEA), a blue-chip $2.9 billion ASX-listed company and Shell’s Australian licensee with 1,292 retail fuel sites across Australia.

+ Mycar: Formally Kmart and Auto, purchased by Continental AG late 2018, a major international automotive supply company with €44.5 billion in sales worldwide.

+ Supporting specialty retail shop on brand new 7 year lease to experienced Melbourne hospitality operator.

+ Important tax depreciation benefits with up to 56% of the first year rent potentially free of income tax.*

+ Significant 4,001sqm corner site with 58 metre exposure to the Surf Coast Highway, with 19,200 vehicles passing daily.

+ Absolute position perfect in Torquay’s large format retail and industrial business precinct, adjoining Aldi Supermarket & Car Wash, metres to Bunnings, Petstock, Surf Coast Shire HQ and Schools.

+ Torquay: The fastest growing location within the Surf Coast Shire with median house price 87% higher than Regional Victoria^.

+ Surf Coast Shire: The gateway to the Great Ocean Road visited by more than 2.5 million travellers annually. Resident population more than tripling over peak holidays times.

+ Blue-Chip, pandemic proof, essential service investment.

+ Estimated Net Income: $408,840 pa

^REIV

*Napier Blakely

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

PROPERTY SUMMARY
For Sale:
Price on Request
AUCTION DATE:
24 Feb 2021 11:00AM
FLOOR AREA:
734 m² (*approx)
Land Size:
4001 m² (*approx)
Type:
Industrial, Retail, Other, Office/Warehouse, Strip Retail, Office/Warehouse, Strip Retail
Tenanted Investment:
Premium Freestanding Highway Service Centre
LOCATION
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