Sinopec Corp, 50 Mahoneys Road,
Thomastown, VIC 3074
Shops & Retail • Showrooms & Large Format Retail
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$330,752
Number of Tenants
1 Tenant
Tenants / Type
Sinopec Corp
Private inspections
to arrange a private inspection.
CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
Sinopec Corp, 50 Mahoneys Road
Thomastown, VIC 3074
Map of Sinopec Corp, 50 Mahoneys Road
Train stations within 5 km of Sinopec Corp, 50 Mahoneys Road, Thomastown, VIC 3074 Distance Keon Park Station 685 m Ruthven Railway Station 1.6 km Thomastown Station 1.8 km Reservoir Station 2.6 km High Street Reservoir 2.6 km POWERED BY HERE ©Tram stops within 5 km of Sinopec Corp, 50 Mahoneys Road, Thomastown, VIC 3074 Distance 55Boldrewood PdePlenty Rd Reservoir 3.9 km 56-Loddon Ave/Plenty Rd (Reservoir) 3.9 km 55-Albert St/Plenty Rd (Reservoir) 3.9 km 57Reservoir High School 3.9 km 58Browning StPlenty Rd Kingsbury 4.1 km POWERED BY HERE ©Bus stops within 5 km of Sinopec Corp, 50 Mahoneys Road, Thomastown, VIC 3074 Distance Edgars RdMahoneys Rd 129 m William Ruthven Sec CollegeMahoneys Rd Reservoir 139 m Long StMahoneys Rd 504 m High StMahoneys Rd Reservoir 540 m Carson St/Hughes Pde (Reservoir) 565 m POWERED BY HERE ©
POWERED BY HERE ©
Brand New 10 Year Lease to 2035 | Sinopec – 6th Ranked Fortune 500 Company With $420 Billion Revenue (AUD)
- Sinopec: International Energy Powerhouse
- Brand New 10 Year Lease to 2035
- Fixed 3% Annual Rent Reviews
Burgess Rawson from CBRE is pleased to offer to the market Sinopec Convenience Retail site located at 50 Mahoney’s Road, Thomastown VIC for sale via Private Treaty.
This investment has the following key highlights:
+ Brand new Ten (10) Year lease to July 2035 plus Three (3) further Five (5) Year options to July 2050.
+ Sinopec Corporation: one of the world’s largest integrated oil and gas companies, ranked 6th on the Fortune Global 500 and dual listed on the Hong Kong (HKG:0386) and Shanghai (SHA:600028) Stock Exchanges, with revenue of US$420.5 billion* in FY2024.**
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings (excluding land tax) as per the lease.
+ Fixed, compounding 3% annual rent increases ensuring continued income growth.
+ Strategically positioned 2,884 sqm* site, boasting 59m* prime frontage and exposure to 25,900* vehicles daily*** along Mahoneys Road—an essential east–west arterial that connects the Metropolitan Ring Road (M80) with High Street and Dalton Road.***
+ Immaculate 240 sqm* convenience retail store recently upgraded to Sinopec’s newest corporate layout and design, with additional 444 sqm* detached canopy and 141 sqm* car wash with 1 premium automatic wash bay and 2 self-serve wash bays.
+ The location offers direct access to Melbourne’s key northern industrial hubs, including Thomastown, Epping, and Campbellfield, as well as major freight corridors.
+ Mahoneys Road Thomastown will directly benefit from the State Government’s ‘North-East Link’ project set to connect the Metropolitan Ring Road to the Eastern Freeway with a project cost of $26.1B.****
+ 34,514 registered vehicles and $57 million total household spending on fuel per annum within 3km* radius, which is higher than the national average.***
+ Located in the heart of Thomastown’s key industrial and residential precinct, the site forms part of a 600-hectare designated industrial zone that includes over 2,500 properties and supports more than 8,000 jobs.
+ Thomastown: thriving metro location, 14kms* north of Melbourne CBD.
+ City of Whittlesea: one of the largest municipalities in metropolitan Melbourne with the population projected to increase by 56.2% to 382,896 by 204.*****
+ Net Income: $330,752 pa* + GST
For Sale via Private Treaty.
* Approx
** Sinopec Corporation
*** Gapmaps
**** VIC Big Build
***** City of Whittlesea
This investment has the following key highlights:
+ Brand new Ten (10) Year lease to July 2035 plus Three (3) further Five (5) Year options to July 2050.
+ Sinopec Corporation: one of the world’s largest integrated oil and gas companies, ranked 6th on the Fortune Global 500 and dual listed on the Hong Kong (HKG:0386) and Shanghai (SHA:600028) Stock Exchanges, with revenue of US$420.5 billion* in FY2024.**
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings (excluding land tax) as per the lease.
+ Fixed, compounding 3% annual rent increases ensuring continued income growth.
+ Strategically positioned 2,884 sqm* site, boasting 59m* prime frontage and exposure to 25,900* vehicles daily*** along Mahoneys Road—an essential east–west arterial that connects the Metropolitan Ring Road (M80) with High Street and Dalton Road.***
+ Immaculate 240 sqm* convenience retail store recently upgraded to Sinopec’s newest corporate layout and design, with additional 444 sqm* detached canopy and 141 sqm* car wash with 1 premium automatic wash bay and 2 self-serve wash bays.
+ The location offers direct access to Melbourne’s key northern industrial hubs, including Thomastown, Epping, and Campbellfield, as well as major freight corridors.
+ Mahoneys Road Thomastown will directly benefit from the State Government’s ‘North-East Link’ project set to connect the Metropolitan Ring Road to the Eastern Freeway with a project cost of $26.1B.****
+ 34,514 registered vehicles and $57 million total household spending on fuel per annum within 3km* radius, which is higher than the national average.***
+ Located in the heart of Thomastown’s key industrial and residential precinct, the site forms part of a 600-hectare designated industrial zone that includes over 2,500 properties and supports more than 8,000 jobs.
+ Thomastown: thriving metro location, 14kms* north of Melbourne CBD.
+ City of Whittlesea: one of the largest municipalities in metropolitan Melbourne with the population projected to increase by 56.2% to 382,896 by 204.*****
+ Net Income: $330,752 pa* + GST
For Sale via Private Treaty.
* Approx
** Sinopec Corporation
*** Gapmaps
**** VIC Big Build
***** City of Whittlesea
Thomastown, 3074 demographic data
The median household income for Thomastown is $1,225, 36% lower than Greater Melbourne's household income of $1,901. Thomastown has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 36% of property owners in Thomastown have a mortgage.
20,234
Population
$1,225 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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