Stonebridge, in conjunction with Sterling Property, is pleased to present United Petroleum Anketell (Perth) for sale via Expressions of Interest closing Thursday 30 May at 3pm (AEST).

The asset has the following key investment features:

• Brand new 15 year net lease to 2039 plus options to 2059, with favourable fixed 3% annual increases
• United Petroleum – Dominant convenience retailer with a decorated 25+ year track record & 500+ locations nationally
• Dominant 2,904 sqm* landholding at the gateway to strategic commercial centre precinct, improved by brand new convenience retail and offering significant depreciation benefits
• Irreplaceable pad-site seamlessly integrated with strong performing McDonalds and DA-approved neighbourhood shopping centre, directly opposite one of two Costco’s state-wide
• Highly exposed position with over 100 metres of valuable dual street frontage to key arterial, Thomas Road ($6m redevelopment in 2023)
• Set off Kwinana Freeway – a crucial commuter route connecting Perth to Mandurah and the wider region, witnessing 44,000+ vehicles daily
• Located just 30 km* south of Perth’s CBD, host to 2.2 million* residents and forecast set to explode 37% by 2050
• Anketell, Kwinana Region – Major growth corridor in the heart of the ‘Western Trade Coast’, contributing $15b in GDP and neighbouring Kwinana Industrial Area (30,800+ jobs)
• Net Lease – Tenant pays all usual outgoings including Land Tax, Council Rates and General Repairs & Maintenance
• Net Income $335,000 pa* + GST

United Petroleum Anketell (Perth) for sale via Expressions of Interest closing Thursday, 30 May at 3pm (AEST).

Please contact the exclusively appointed Stonebridge and Sterling Property professionals for more information.

*Approximately