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BP Highway Service Centre Parkes Corner of Newell Highway (Parkes Bypass) and Henry Parkes Way, Parkes, NSW, 2870

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BP Highway Service Centre Parkes Corner of Newell Highway (Parkes Bypass) and Henry Parkes Way, Parkes, NSW, 2870

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BP Highway Service Centre Parkes Corner of Newell Highway (Parkes Bypass) and Henry Parkes Way, Parkes, NSW, 2870

Parkes

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BP Highway Service Centre Parkes Corner of Newell Highway (Parkes Bypass) and Henry Parkes Way, Parkes, NSW, 2870

BP Highway Service Centre Parkes Corner of Newell Highway (Parkes Bypass) and Henry Parkes Way, Parkes, NSW, 2870

Properties / Sold / New South Wales / Parkes
Tenanted Investment
Selling Method
EOI
Selling Details
Contact Agent
Land Area
24,200 m² (*approx)
Property Type
Retail
Sub-type
Service Station
Terms
Brand new 15-year net lease plus options secured by BP Australia
Est. Income
$900,000 p/a
Fully Leased
BP Australia
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Brand New NSW Highway Service Centre Featuring 15 Year Net Lease
  • Brand New BP Service Centre
  • 15-Year Lease, Plus Options
  • High Diesel Demand Location

Colliers are excited to offer for sale BP Highway Service Centre Parkes, which upon completion, will be strategically located along a major national transport corridor in Parkes, set to become Australia’s largest inland port and key intermodal location, with high diesel demand.

Upon completion, BP Highway Service Centre Parkes will be situated on a strategic 24,200m² site occupying a prominent corner position along the Newell Highway (Parkes Bypass) and Henry Parkes Way, capturing traffic in all directions via a four-way intersection.

The projected $31.4 billion Australian Government funded Inland Rail Project¹ will make Parkes one of the most important transport and logistics hubs in regional NSW. Upon completion, the brand-new Highway Service Centre will be underpinned by a 15-year net lease plus options to BP Australia, providing long-term security.

• Brand new 15-year net lease plus options secured by BP Australia

• Significant potential depreciation benefits, with BP subject to annual 3% fixed reviews

• Strategic location along the Newell Highway (Parkes Bypass) and Henry Parkes Way

• Intermodal location with high forecasted diesel demand in Parkes, soon to be Australia’s largest inland port

• This exciting opportunity, due to be completed in Q2 2025, is being offered for sale via pre-sale or fund-through structure

This exciting opportunity is being offered for sale via pre-sale or fund-through structure. Expressions of Interest closing 2.00pm (AEST) on Tuesday, 18 June 2024.

¹ Australian Financial Review

*approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

Investment Summary

Property Type
Retail
Sub-type
Service Station
Est. Income
$900,000 p/a
Tenant
BP Australia
Terms
Brand new 15-year net lease plus options secured by BP Australia
Land Area
24,200 m² (*approx)
Selling Method
EOI
EOI Closing Date
18 Jun 2024 02:00PM
Selling Details
Contact Agent

Investment Highlights

Brand New NSW Highway Service Centre Featuring 15 Year Net Lease
  • Brand New BP Service Centre
  • 15-Year Lease, Plus Options
  • High Diesel Demand Location

Colliers are excited to offer for sale BP Highway Service Centre Parkes, which upon completion, will be strategically located along a major national transport corridor in Parkes, set to become Australia’s largest inland port and key intermodal location, with high diesel demand.

Upon completion, BP Highway Service Centre Parkes will be situated on a strategic 24,200m² site occupying a prominent corner position along the Newell Highway (Parkes Bypass) and Henry Parkes Way, capturing traffic in all directions via a four-way intersection.

The projected $31.4 billion Australian Government funded Inland Rail Project¹ will make Parkes one of the most important transport and logistics hubs in regional NSW. Upon completion, the brand-new Highway Service Centre will be underpinned by a 15-year net lease plus options to BP Australia, providing long-term security.

• Brand new 15-year net lease plus options secured by BP Australia

• Significant potential depreciation benefits, with BP subject to annual 3% fixed reviews

• Strategic location along the Newell Highway (Parkes Bypass) and Henry Parkes Way

• Intermodal location with high forecasted diesel demand in Parkes, soon to be Australia’s largest inland port

• This exciting opportunity, due to be completed in Q2 2025, is being offered for sale via pre-sale or fund-through structure

This exciting opportunity is being offered for sale via pre-sale or fund-through structure. Expressions of Interest closing 2.00pm (AEST) on Tuesday, 18 June 2024.

¹ Australian Financial Review

*approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Premium Investments Team
Premium Investments Team

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BP Highway Service Centre Parkes Corner of Newell Highway (Parkes Bypass) and Henry Parkes Way, Parkes, NSW, 2870

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Property Location of BP Highway Service Centre Parkes Corner of Newell Highway (Parkes Bypass) and Henry Parkes Way, Parkes, NSW, 2870

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BP Highway Service Centre Parkes Corner of Newell Highway (Parkes Bypass) and Henry Parkes Way, Parkes, NSW, 2870 Parkes
Colliers Premium Investments
Colliers Premium Investments
Level 30, Grosvenor Place, 225 George Street | Sydney, NSW 2000
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