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JLL - Perth

13 Stebbing Road Maddington, WA 6109

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13 Stebbing Road,
Maddington, WA 6109

Warehouse, Factory & Industrial • Shop & Retail

Price information

Sale

For Sale via an Offers Invited

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$366,000
Number of Tenants
1 Tenant
Tenants / Type
United Petroleum

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JLL - Perth
13 Stebbing Road
Maddington, WA 6109
JLL - Perth

JLL - Perth

Level 31, 152-158 St Georges Terrace
PERTH, WA 6000

Map of 13 Stebbing Road

Directions
  • Train stations within 5 km of 13 Stebbing Road, Maddington, WA 6109Distance
    Maddington Station1.1 km
    Kenwick Station2.1 km
    Thornlie Train Station3.6 km
    Gosnells Station3.7 km
    Beckenham Station4.1 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 13 Stebbing Road, Maddington, WA 6109Distance
    Westfield St After Kelvin Rd285 m
    Westfield St Before Kelvin Rd373 m
    Kelvin Rd After Madrid Pl385 m
    Kelvin Rd Before Madrid Pl394 m
    Kelvin Rd After Davison St434 m
    POWERED BY HERE ©
POWERED BY HERE ©

Long Term Retail Investment Opportunity: United Petroleum

  • 15 Year Lease plus Options
  • $366,000 Net Income p.a. + GST
  • Strategic Homebound Location
JLL Industrial & Investment Teams are pleased to present United Petroleum Maddington at 13 Stebbing Road to the market; a brand new metropolitan service station and convenience retailer located in one of Perth’s best performing growth corridors.

United Petroleum Maddington benefits from its strategic position on the corner of Stebbing and Kelvin Road with the latter being the main arterial road through the heart of Maddington.

Maddington is only 20 kilometres southeast of the CBD of Perth and is part of the rapidly expanding City of Gosnells, with an expected population increase of 25% in Maddington alone over the next 15 years.

United Petroleum are an independently Australian owned petrol and convenience company and one of the fastest growing independent corporations in Australia. United are vertically integrated with control of terminal facilities, which allows United Petroleum to offer high quality petroleum products, increase supply-chain security, pricing and negotiating benefits and the ability to compete aggressively with major competitors.

Investment Highlights:

• Essential services defensive retail investment
• Secured by a 15 year lease to United Petroleum plus 4 x 5 year options
• Annual compounding fixed 3% increases and market reviews
• Substantial land rich asset comprising 5,565sqm
• Occupies a commanding high profile corner position
• Impressive as new Pie Face convenience retail asset offering significant depreciation benefits
• Strategic homebound location with direct access and exposure to 15,000* vehicles per day
• Landlord friendly environmental provisions ensuring tenant is responsible for full site remediation
• Net commencing income of $366,000 p.a. + GST
• All outgoings recovered by Lessee as per lease
• Truck refuelling bays
• 24 hour site

United Petroleum Maddington if offered For Sale via an Offers Invited campaign closing Wednesday 30th June 2021 at 12pm (AWST)

We look forward to assisting you with your enquiries on this unique and exciting opportunity.

For further information or a copy of the Information Memorandum please contact the exclusive selling agents at JLL.

Andrew Fife: 0439 033 673
Sean Flynn: 0412 779 987

*approx.

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Property ID: 503838606Last Updated: 18 Jun 2021

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JLL - Perth
Level 31, 152-158 St Georges Terrace
PERTH, WA 6000
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Sean Flynn

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Sean Flynn
JLL - Perth
13 Stebbing Road Maddington, WA 6109

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