15-Year Net Lease Guaranteed By VIVA Energy Group (ASX:VEA)
Caltex - 358 Thompson Road (Corner of Naughton Avenue), North Geelong VIC

Stonebridge Property Group is pleased to present for sale Caltex – 358 Thompson Road (Corner of Naughton Avenue), North Geelong, 100% leased to a wholly owned subsidiary company of ASX Listed VIVA Energy Group (ASX: VEA).

The key highlights of the opportunity include:

  • Underpinned by a 15-year net lease to a wholly owned subsidiary of ASX listed VIVA Energy Group
  • Fixed 3% annual rental increases, tenant pays all usual outgoings
  • A significant 1,668sqm* corner landholding with three (3) access points
  • Located in Victoria’s largest regional city, with the City of Greater Geelong’s population expected to grow by 34% over the next 15 years^
  • A highly connective position, with close proximity to the M1 Freeway, Princes Highway & Avalon Airport
  • 16,000* daily passing cars
  • Base rent of $270,122* (increasing to $278,226* in August)

*Approx.
^Forecast ID

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Listing Map
Listing Map

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