Burgess Rawson are pleased to offer to the market 287 Kensington Road, Marryatville (Kensington Park) SA for sale via Auction Investment Portfolio 172. + Brand new 15 year lease to 2039 plus options through to 2074 + Guaranteed rental growth with annual fixed 3.5% rent increases + Tenant pays ‘multiple holding’ land tax + Rare triple net lease structure, with tenant responsible for all rates, multiple holding land tax, building insurance + Tenant also responsible for all structural maintenance, repairs and replacement, (including fuel tanks and equipment). + Viva Energy (ASX: VEA): blue-chip $4.51 billion* ASX200 company recently purchasing Coles Express & OTR making Viva Energy Australia’s leading convenience retail with 1,500 sites nationally (1) + OTR: leading convenience retailer generating $3 billion in revenue annually, with 200+ sites across Australia, licenses for QSR’s including Hungry Jack’s, GyG, Subway & Oporto (2) + Prime corner position, the first convenience retail site from the CBD + As new construction (2022) offering significant deprecation benefits + Strategic home-bound position close to Woolworths with 22,100* vehicles passing daily (3) + Affluent inner city location with a median house price of $1,510,000 + Premier education precinct with Pembroke School, Saint Ignatius Junior School, Loreto College, St Peter’s Collegiate Girl’s School, Glenunga International High School and 12 other schools servicing 14,509 full-time students within a 3km radius. gapmaps + South Australia: #1 performing economy in Australia, leading the country in 4 of the key economic indicators. (4) + Stamp duty free investment + Rent: $265,691 pa* + GST For Sale by Portfolio Auction Investment 172 10:30am AEDT Wednesday 30 October 2024 River Room - Crown Casino, Melbourne Contact the exclusively appointed agent for more information. Burgess Rawson & Associates Victoria Pty Ltd | RLA 327401 Raoul Holderhead 0413 860 304 Jamie Perlinger 0413 860 315 Leedwell Property Pty Ltd | RLA 222531 Mitch Curnow 0415 494 056 * Approx 1. Viva Energy 2. OTR/Viva 3. Gapmaps 4. Commsec State of States Report
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street, Melbourne, Vic
Leedwell Property (RLA 222531) - ADELAIDE
Level 1, 16 Hutt Street, Adelaide, SA
Immobilie ID: 504702288