SOLD

***50% STAMP DUTY SAVING AVAILABLE***

+ Long Term 10 years leases to Continental AG/Mycar & Viva Energy To 2029 plus options to 2049.
+ Viva Energy Group Limited (ASX: VEA), a blue-chip $2.9 billion ASX-listed company and Shell’s Australian licensee with 1,292 retail fuel sites across Australia.
+ Mycar: Formally Kmart and Auto, purchased by Continental AG late 2018, a major international automotive supply company with €44.5 billion in sales worldwide.
+ Supporting specialty retail shop on brand new 7 year lease to experienced Melbourne hospitality operator.
+ Important tax depreciation benefits with up to 56% of the first year rent potentially free of income tax.*
+ Significant 4,001sqm corner site with 58 metre exposure to the Surf Coast Highway, with 19,200 vehicles passing daily.
+ Absolute position perfect in Torquay’s large format retail and industrial business precinct, adjoining Aldi Supermarket & Car Wash, metres to Bunnings, Petstock, Surf Coast Shire HQ and Schools.
+ Torquay: The fastest growing location within the Surf Coast Shire with median house price 87% higher than Regional Victoria^.
+ Surf Coast Shire: The gateway to the Great Ocean Road visited by more than 2.5 million travellers annually. Resident population more than tripling over peak holidays times.
+ Blue-Chip, pandemic proof, essential service investment.
+ Estimated Net Income: $408,840 pa

^REIV
*Napier Blakely