Newly Built United Service Station within Bustling Industrial Precinct
Colliers Western Australian Investment Services as exclusive selling agents are excited to present to market 13 Whyalla Court, Bibra Lake comprising a newly built United Petroleum Service Station store located in one of Perth’s southern industrial precinct.
This exceptional opportunity boasts a newly built United Petroleum service station, convenience store, anchored by a 15 year Lease covenant to a major national tenant, plus further 4 x 5 year options.
United Bibra Lake is a service station and convenience store approximately 20km southwest of the Perth CBD. The extremely visible 2,038sqm landholding located on the fringe of the Bibra Lake industrial precinct captures traffic coming in and out of the precinct.
Investment Highlights
- Highly Visible Location – A large 2,038sqm land holding capturing traffic along the busy Phoenix Road
- Major National Tenant – Anchored by United Petroleum who have over 500+ service stations within Australia and are 100% Australian Owned
- Long Term Lease – Leased until 2035 with additional 4 x 5 year options to 2055
- Secure Rental Income - a Net income of $326,398 per annum
- Guaranteed Fixed rental growth - The property offers annual income growth through a fixed 3% rental increases annually as well as market review at the end of each lease term
- Newly Built development – Significant Depreciation and Tax benefits
- Bustling Industrial Precinct - The Bibra Lake precinct is home to 1,673 businesses ranging from large engineering companies to construction and transport businesses.
Site Details*
Building Area – 273.6sqm
Land Area – 2,038sqm
Fuel Pumps – 6
Method of Sale
The property is offered for sale by Offers Invited.
For further information or to arrange an inspection, please contact the selling agents
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