Stonebridge Property Group is pleased to present for sale the Westernport Service Centre, a land rich service centre investment situated in the heart of Melbourne’s southeast growth corridor. The Centre occupies a major 19,862 sqm* landholding and is anchored by net leases to BP and Carl’s Jr.
The key highlights of the opportunity include:
- Significant 19,862 sqm* landholding with strong underlying land value and opportunities for future redevelopment (STPA)
- Ultra-secure asset, fully leased to 3 national/chain tenants, BP, Carl’s Jr. and Souvlaki GR, all on net leases
- Highly exposed corner site, benefitting from 275 m* of total frontage and passed by over 18 million cars per year^
- The most strategic and convenient service centre in the region with separate high revenue truck refuelling facilities
- Nearby State Significant Industrial Land and at the heart of a major growth corridor, supporting strong and continued land value growth
- Estimated fully leased net operating income of $1,054,000* p.a. with a long WALE of 8.1 years (by income)
Westernport Service Centre is offered for sale via Public Expressions of Interest closing Wednesday 5th June 2024 at 5:00pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Justin Dowers
0438 098 805
Kevin Tong ???
0422 848 818
Rorey James
0439 400 081
*Approximately
^Vic Roads
Property Code: 947