Stonebridge National Investment Sales is pleased to present to the market 8 McLean Street, Goondiwindi for Sale via Immediate Offers to Purchase
The asset has the follow key investment features:
• 11 year triple net lease to 2027 + 7 x 10 year options to 2097
• Viva Energy Australia – ASX listed tenant providing one quarter of Australia’s fuel requirements^, market capitalisation of ~ $4.0 Bn1
• Convenience retail giant, Viva Energy network of 1,350+ service stations across Australia; including 700+ Shell Coles Express outlets^
• Favourable triple net lease structure, with tenant responsible for all outgoings including land tax and statutory charges
• Further provisions ensure tenant is responsible for all structural repairs, maintenance and replacement, including all fuel infrastructure
• Significant 2,021 sqm corner site providing 50m* frontage to McLean Street, a major commuter road leading to Cunningham Highway
• Conveniently situated near Coles, Mitre 10, Supercheap Auto, Kmart, Schools and the Goondiwindi Public Hospital
• Goondiwindi – A booming agriculture based hub located at the junction of five major highways on the Qld/NSW border, servicing a trade catchment of 15,000+ p.a2
• Fixed 3% annual rent increases
• Net Income $192,811 pa* + GST (as at August 2022)
*Approx. ^Viva Energy Australia 1ASX 2Goondiwindi Regional Council
For further information, please contact the Stonebridge team.
