Land Rich Sydney Convenience Asset Opposite Shopping Centre – Blue Chip ASX Listed Tenant
Stonebridge is pleased to present Viva Shell Coles Express Mount Annan for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Outstanding and rare lease structure with rent paid annually in advance by major ASX listed tenant who have occupied site since 1995
- Renewed 5 year net lease + options to 2056 with market leading annual increases to the greater of 2.5% or CPI
- Viva Energy Australia – Blue chip $4.77 Bn ASX listed convenience retail giant supplying one quarter of fuel nationally*
- Large 5,158 sqm* corner site with significant underlying land value and featuring ‘E1 Local Centre’ zoning, offering multiple potential future uses (STCA)
- Outstanding long-term prospects being one of a few commercially zoned sites within Mount Annan's core retail precinct
- Irreplaceable location neighbouring McDonald’s and directly opposite Woolworths anchored ‘Mount Annan Marketplace’, plus within 300 metres* of KFC, Hungry Jack’s, Red Rooster, Aldi and Coles
- Well configured site with triple street frontage and dual access benefitting from position nearby multiple roundabouts, providing all-direction connectivity
- Only 150 metres from junction of Narellan Road and Waterworth Drive – Sydney’s third busiest intersection experiencing 159,113+ vehicle movements daily
- Mount Annan – Located within Camden, Australia’s fastest growing LGA, with 83% population growth in the last 5 years and set to reach 243,500+ residents by 2041
- South West Sydney - $155 Billion major economy contributing 8% of national GDP, forecasted to host 3,000,000+ residents by 2036
- Net Lease – Tenant pays all usual outgoings including Land Tax, Insurance and general Repairs & Maintenance
- Net Income $606,453* + GST, rent paid annually in advance
‘Viva Shell Coles Express Mount Annan’ is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 827