SOLD

Brand new 20 year Triple Net lease to 2036 plus options.
Rare triple net lease terms with the tenant responsible for all usual outgoings, structural works, underground repairs and remediation.
United Petroleum: The largest independent fuel retailer in Australia.
Guaranteed rental growth with fixed 3.5% increases annually.
Modern improvements inc. 2016 refurbished convenience store, under roof line laundromat, attached canopy and fibreglass tanks.
Large landholding of 1,870 sqm with 56m frontage to busy Mitcham Road – 20,000 cars passing daily.
Mitcham: Perfectly positioned suburb 21km east of Melbourne CBD & within sought after City of Whitehorse.
Rent: $175,000 pa.

Auction 11am AEDT Wednesday 7 December 2016
River Room, Crown Casino, Melbourne

This property is offered as part of a Portfolio of 6 United Petrol Investments with the additional 5 in the following locations; To Be Sold Separately.

Yagoona (Sydney) NSW
Tamworth NSW
Hampton Park (Melbourne) VIC
Dandenong (Melbourne) VIC
Blair Athol (Adelaide) SA