SOLD | $6,180,000

1050 Thompsons Road, Cranbourne West VIC, Australia
  • Address: 1050 Thompsons Road Cranbourne West VIC 3977
  • Land Area: 2153 sqm*
  • Property type: Retail & Investment
  • Offer type: Transactions
  • City: Cranbourne West
  • Post Code: 3977

Overview

MAJOR SET & FORGET PASSIVE INVESTMENT LEASED FOR 15 YEARS WITH OPTIONS UNTIL 2054 SITUATED IN AUS 4TH FASTEST GROWING MUNACIPALITY

Jones Real Estate is pleased to offer, for your consideration, a highly secure passive investment underpinned by Australia’s leading independent fuel retailer “United Petroleum Pty Ltd” with 420+ sites nationally & a property that offers a major, high profile location in one of Australia’s 4th fastest growing and booming municipalities the “City of Casey”.

For Sale via Expressions of Interest, closing 24th of March 2021 at 12pm.

The site itself is a part of the newly developed ‘Thompsons Gateway’, a mixed-use precinct which comprises of retail, office and warehouse/showroom space, in Melbourne’s booming south eastern precinct.

Located on a major thoroughfare Thompsons Road – with 13,400* passing vehicles daily, this essential freight and transport route is a vital east-west corridor in Metropolitan Melbourne’s rapidly growing south-east region. Thompson’s Road intersects with major north-south routes including; Mornington Peninsula Freeway, EastLink, Western Port Highway and South Gippsland Freeway.

Thompsons Road and the immediate area has undergone a major $225 million upgrade which includes extra lanes and slip lanes to allow for less disruption for the 13,400+^ vehicles passing the site each day.

Key highlights of this remarkable, set and forget passive investment include;

  • Net passing income of approximately $300,000 per annum* plus GST & Outgoings
  • A secure 15 year lease with 20 years of options expiring 2054
  • Tenant Pays all usual outgoings and the lease offers CPI annual rental increases
  • Favourable Zoning Urban Growth Zone – Schedule 1 (UGZ1)
  • Securely leased to one of Australia’s largest fuel retailers, United Petroleum Pty Ltd with over 420 sites nationally
  • Access to the online data room, containing due diligence information which is available upon request.

For Sale via Expressions of Interest, closing 24th of March 2021 at 12pm.

*Denotes approx.
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Please contact Jones Real Estate for further information.

Tim Spargo
+61 402 747 030
Tim.Spargo@Jonesre.com.au

Paul Jones
+61 488 779 749
Paul.Jones@Jonesre.com.au

Sam Guest
+61 458 467 482
Sam.Guest@Jonesre.com.au

Luke Peric
+61 432 467 771
Luke.Peric@Jonesre.com.au

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