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United Southern River 101 Terrier Place, Southern River, WA, 6110

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United Southern River 101 Terrier Place, Southern River, WA, 6110

United Southern River 101 Terrier Place, Southern River, WA, 6110

Properties / Buy / Western Australia / Southern River
Tenanted Investment

1. Property Summary

Selling Method
Deadline Private Sale
Selling Details
Closing 2:00pm Wednesday, 6th December 2023
Land Area
3,982 m² (*approx)
Property Type
Retail
Sub-type
Service Station
Terms
Leased until 2034 with additional 3 x 5 year options to 2049
Est. Income
$338,745 p/a
Fully Leased
United Petroleum
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2. Property Highlights

Newly Built Service Station Investment with Development Upside
  • Long WALE
  • Major national tenant
  • Newly built development

Colliers Western Australian Investment Services as exclusive selling agents are excited to present to market 101 Terrier Place, Southern River comprising a newly built United Petroleum Service Station store located in Perth’s burgeoning, high population growth, southeast corridor.

This exceptional opportunity boasts a newly built 24 hour United Petroleum service station, convenience store, anchored by a 15 year Lease covenant to a major national tenant, plus further 15 years’ combined options.

United Southern River is a highly exposed service station and convenience store approximately 24km southeast of the Perth CBD. The substantial 3,982sqm corner landholding has fantastic street exposure with over 30,000 cars passing each day.

Investment Highlights

- Prominent Corner Location – A large 3,982sqm corner land holding with over 30,000 passing cars each day

- 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 2034 with additional 3 x 5 year options to 2049

- Secure Rental Income - a Net income of $338,745 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

- High Growth Corridor – Over 3.30% expected population growth per annum until 2031

- Surplus Development Potential – A 300-500sqm* future notional development site capacity. Suitable for medical consulting rooms, health and fitness, veterinary centre and retail use.

Site Details*

Building Area - 760sqm

Land Area – 3,982sqm

Fuel Pumps – 8

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

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

1. Property Summary

Property Type
Retail
Sub-type
Service Station
Est. Income
$338,745 p/a
Tenant
United Petroleum
Terms
Leased until 2034 with additional 3 x 5 year options to 2049
Land Area
3,982 m² (*approx)
Selling Method
Deadline Private Sale
DOCUMENTS AVAILABLE
Request Access
Selling Details
Closing 2:00pm Wednesday, 6th December 2023

2. Property Highlights

Newly Built Service Station Investment with Development Upside
  • Long WALE
  • Major national tenant
  • Newly built development

Colliers Western Australian Investment Services as exclusive selling agents are excited to present to market 101 Terrier Place, Southern River comprising a newly built United Petroleum Service Station store located in Perth’s burgeoning, high population growth, southeast corridor.

This exceptional opportunity boasts a newly built 24 hour United Petroleum service station, convenience store, anchored by a 15 year Lease covenant to a major national tenant, plus further 15 years’ combined options.

United Southern River is a highly exposed service station and convenience store approximately 24km southeast of the Perth CBD. The substantial 3,982sqm corner landholding has fantastic street exposure with over 30,000 cars passing each day.

Investment Highlights

- Prominent Corner Location – A large 3,982sqm corner land holding with over 30,000 passing cars each day

- 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 2034 with additional 3 x 5 year options to 2049

- Secure Rental Income - a Net income of $338,745 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

- High Growth Corridor – Over 3.30% expected population growth per annum until 2031

- Surplus Development Potential – A 300-500sqm* future notional development site capacity. Suitable for medical consulting rooms, health and fitness, veterinary centre and retail use.

Site Details*

Building Area - 760sqm

Land Area – 3,982sqm

Fuel Pumps – 8

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

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

4. Property Location

United Southern River 101 Terrier Place, Southern River, WA, 6110

Property Map
United Southern River 101 Terrier Place, Southern River, WA, 6110 Southern River
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