21 Edmund Avenue, Unley, SA, 5061

RWC Adelaide is proud to offer to market the BP (X Convenience) located at 21 Edmund Avenue, Unley.

Situated in one of Adelaide's most prestigious suburbs, this blue chip fuel and convenience investment presents an opportunity to own rare position on Duthy Street, a key thoroughfare for some of the most prestigious of homes in the state.

Reel in the security of a lease to 2036 with options thereafter, while benefiting from the significant capital appreciation that land in Unley is known for.

Key Investment Features:

• Fifteen year lease to 2036, with two further ten year options.

• Fixed 3% rent reviews - guaranteeing strong rental growth

• Leased to Andrash Pty Ltd a fully owned subsidiary of BP (British Petroleum)

• BP - A global energy leader dual-listed on the LSE (BP) and NYSE (BP)

• BP recently acquired X Convenience in SA and WA, expanding its national footprint to over 1,400 convenience retail sites.**

• X Convenience - independent fuel retailer with over 49 service stations across South Australia and Western Australia.***

• Tenant owns and is responsible to monitor, maintain, service, repair & replace all fuel equipment

• Rare corner site of some 652sqm* in prestigious Unley locale

• Strategic location as the sole fuel/convenience site on Duthy Street

• Unley median house price now $1,660,500****

• No stamp duty payable!

• Est. net income of $133,226p.a.*

21 Edmund Avenue, Unley is offered for sale by Public Auction, to be held onsite on Friday the 10th of October at 11am (USP).

For further information, please contact the exclusively listed agents at RWC Adelaide.

*Approx

**BP

***X Convenience

****Realestate.com

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