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