BLUE-CHIP AMPOL INVESTMENT | RENEWED LEASE | PRIME METROPOLITAN GROWTH CORRIDOR
MAKER Property and Cushman & Wakefield, under instructions from Appel Property as Transaction Manager, are pleased to present for sale 250 Epping Road, Epping North (Wollert) – an exceptional metropolitan fuel, convenience and QSR investment anchored by Ampol Australia Petroleum Pty Ltd, part of ASX-listed Ampol Limited (ASX: ALD).
KEY INVESTMENT HIGHLIGHTS
• Outstanding blue-chip covenant – Ampol Australia Petroleum Pty Ltd, part of ASX-listed Ampol Limited (ASX: ALD).
• Demonstrated long-term commitment – Ampol has occupied the property since 2015 and has recently exercised its renewal option, extending the current term to 29 March 2030, plus a further 5-year option.
• Exceptional corporate scale – Ampol describes itself as Australia's largest transport energy provider and operates an approximately 1,100-site company-owned and operated Australian network following the transformational acquisition of EG Australia.
• Dual-income investment – established Ampol fuel and convenience operation complemented by a separate purpose-built drive-through QSR tenancy.
• Strong income profile – total annualised gross rental of approximately $516,737 p.a. + GST*, with contractual/CPI rental growth.
• Substantial metropolitan landholding – 3,083 sqm* prominent corner site at Epping Road and Baltrum Drive with excellent exposure and accessibility.
• Major road infrastructure completed – the Epping Road upgrade has more than doubled road capacity along the upgraded corridor, with approximately 35,000 vehicles passing daily* and the property's Baltrum Drive intersection specifically upgraded as part of the works.
• Positioned for sustained population growth – strategically located within Epping North/Wollert, one of Melbourne's principal northern residential growth corridors, within the rapidly expanding City of Whittlesea.
• Established surrounding amenity – convenient to Pacific Epping, Northern Hospital, Aurora Village, Bunnings Warehouse, schools, established residential communities and significant ongoing residential development.
• Flexible underlying landholding – Mixed Use Zone – providing strategic longer-term optionality subject to existing leases, planning controls and statutory approvals.
250 Epping Road, Epping North (Wollert) represents a rare opportunity to secure a substantial metropolitan investment combining one of Australia's strongest fuel and convenience covenants, demonstrated tenant commitment, diversified drive-through QSR income and a major corner landholding within one of Melbourne's fastest-growing corridors.
FOR SALE BY EXPRESSIONS OF INTEREST
For further information, access to the due diligence material or to arrange an inspection, please contact the exclusive selling agents:
MAKER Property
George Davies | 0421 799 489
Raphael Favas | 0435 916 380
Anthony Kirwan | 0431 952 430
Cushman & Wakefield
Daniel Wolman | 0412 957 839
Oliver Hay | 0419 528 540
Leon Ma 马海翔 | 0417 070 725
Transaction Manager
Ben Appel | Appel Property
*Approximately.
Remember to mention you found this property on CommercialReady
Close
