Burgess Rawson is pleased to offer to market ‘Viva Energy’ located at 170-172 Baillie Street (Western Hwy), Horsham VIC for sale via Portfolio Auction Investment 172. The property has the following key investment highlights: + 15-year Triple Net lease to 2031 plus seven further 10-year options to 2101 + Rare, landlord-favourable, triple net lease terms with tenant responsible for rates, building insurance, public liability insurance and multiple holding Land Tax. + Tenant also responsible for all structural maintenance, repairs and replacement, (including fuel tanks and equipment). + Viva Energy Limited (ASX: VEA): Blue-chip $4.51billion ASX200 company & Shell’s Australian licensee.** + With over 1,500 retail sites nationwide, Viva Energy has completed acquisitions of Coles Express, and the South Australia-based OTR group, aiming to transform it into Australia’s leading convenience and mobility retailer.** + Guaranteed rental growth with annual fixed 3% rent increases during the lease term. + Dominant 4,777sqm gateway corner site with over 133 metres* of combined frontage and 42,000 vehicles passing weekly.*** + Significant 436sqm* convenience retail including large Subway restaurant with four (4) undercover fuel bowsers. + Western Highway: A major arterial route linking Melbourne to Adelaide, facilitating efficient transportation between Victoria and South Australia.**** + Horsham Rural Regional Council: Horsham Rural Regional Council has a Gross Regional Product (GRP) of $1.75B supporting 2,162 businesses***** and 10,271 local jobs.****** + Horsham: Wimmera’s commercial and retail capital with a population over 20,000 ******* + Potential 50% stamp duty savings + Net Rent: $316,692 pa* + GST For Sale by Portfolio Auction Investment 172 10:30am AEDT Wednesday 30 October 2024 River Room - Crown Casino, Melbourne *Approx ** Viva Energy ***Gapmaps ****Vic Roads *****Regional Development Victoria ******Remplan *******Profile id
Email enquiry to Burgess Rawson - Melbourne
Property ID: 504701416