SOLD

Brand new 15 year lease to 2031 plus options to 2051
United Petroleum: The largest independent fuel retailer in Australia
Rare triple net lease terms with the tenant responsible for all usual outgoings, structural works, underground repairs and remediation
Guaranteed rental growth with attractive 3.5% increases annually
Modern improvements including convenience store, canopy, 4 bay car wash and dog wash plus on-site parking
Prominent 2,023 sqm corner landholding with 87 metres total frontage
Premium Commercial 1 Zoning
Mountain Highway: a busy main road linking Eastlink and booming residential growth suburbs of South East Melbourne
The Basin: Located at the foot of the Dandenong Ranges, adjoining Boronia and Kilsyth – 30km to the CBD
Part of the established City of Knox – a major economic force and home to over 155,000 residents
Rent: $250,000 pa

Auction 11am AEST Wednesday 17 May 2017
River Room, Crown Casino, Melbourne

This property is offered as part of a Portfolio of 3 United Petrol Investments with the additional 2 in the following locations; To Be Sold Separately.

Launceston TAS, 129 Invermay Road
Wyong NSW, 359 Pacific Highway