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Established Service Station Investment - Leased to 2031 P...

734 Marion Road, MARION SA, 5043

Sold

Property Sold in 734 Marion Road, MARION SA, 5043

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11306627
Status:
Sold
Price:
Price on Request
Last Updated:
03/06/2020
Icon building

Property Type

Retail/Land/Development/Other
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Land Area

2862 SQM
Icon size

Floor Area

330 SQM
Icon parking

Parking

N/A

Established Service Station Investment - Leased to 2031 Plus Options

Long 15 year lease to 2031 plus options to 2051
Leased to Liberty Oil: 50% owned by VIVA Energy
VIVA Energy: the exclusive Shell licensee in Australia with a network of 850+ retail outlets. Substantially owned by Vitol, a multinational energy & commodities giant – with revenue of $168 billion in 2015
Fixed 3.5% increases / Tenant pays usual outgoings except Land Tax
Prominent 2,862 sqm site with high profile retail frontage of 54 metres
Refurbished convenience store, new fuel pumps and lines, canopy upgrade with Liberty corporate branding
Marion: metro growth location just 9 kms south west of Adelaide CBD, 47,000+ vehicles passing daily along Marion Road
Net Rent: $286,140 pa (November 2018)

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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