Stonebridge Property Group is pleased to advise BP Wollert has transacted off-market. The recently constructed fuel station is strategically located adjacent to prominent tenants McDonald's and KFC.
The key highlights of the opportunity include:
- Brand new 15 year lease to 2036 + options to 2051 with annual increases being the greater of 2% or CPI (max. 4%)
- BP Australia - Subsidiary of BP, one of the world’s seven oil & gas ‘supermajors’ with a $139 billion* market capitilisation
- Substantial 3,161 sqm* site with 9 car parks and seamlessly integrated with neighbouring McDonald’s & KFC
- Major 54 m* frontage to Craigieburn Road East, nearby numerous newly developed residential estates
- Modern convenience retail and fast food offering (built 2021) providing significant depreciation benefits
- Wollert - Only 20 km* north of the Melbourne CBD and part of growth corridor set to grow 56% to 249,117 residents by 2041
- Net Lease - Tenant pays all usual outgoings including Land Tax
To obtain further information on this transaction, please contact the exclusive selling agents.
Rorey James
0439 400 081
Kevin Tong ???
0422 848 818
*Approximately
^Vicroads
^^Forecast ID
Property Code: 706