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SOLD
United Petroleum, Corner Ranford Road & Terrier Place, SOUTHERN RIVER, WA, 6110
Tenanted Investment
DETAILS
As New Convenience Retail Investment with Development Upside
  • Blue-Chip Tenant
  • Significant Depreciation Benefits
  • Development Upside

+ Long Term 15 year lease to United Petroleum to 2034 plus options to 2049

+ Important, compounding fixed 3% annual rental increases

+ Leased to United Petroleum, one of Australia’s leading and fastest growing fuel & convenience retailer with 450 + sites across Australia

+ Substantial 3,982sqm* corner site with 82m exposure to Ranford Road, with 30,000 vehicles passing daily

+ Significant development upside with an exceptional 800sqm* of undeveloped land suitable for a number complementary uses

+ High profile location with close proximity to Bunnings, McDonalds, Coles, Livingston Marketplace and Forrestdale Industrial Business Park

+ Ranford Road: a major transport arterial connecting Southern River with the Tonkin Highway linking the Perth International Airport and CBD

+ City of Gosnells: One of Perth’s booming residential suburbs with a population set to increase 25% to 170,000+ by 2036**

+ Blue chip, essential service investment

+ Tenant pays all usual outgoings as per Lease

+ Net Income: $315,462.15 pa* + GST

To be sold by Burgess Rawson Investment Portfolio Auction

Wednesday 23 June 2021

Crown Casino, Melbourne

Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane

Forecast Id**

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

PROPERTY SUMMARY
Auction:
Price on Request
AUCTION DATE:
23 Jun 2021 10:30AM
FLOOR AREA:
220 m² (*approx)
Land Size:
3982 m² (*approx)
Type:
Retail, Other, Land,
Tenanted Investment:
As New Convenience Retail Investment with Development Upside
LOCATION
Property Map
FOR SALE PROPERTIES IN THE AREA
SOLD PROPERTIES IN THE AREA
AGENCY DETAILS
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