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Burgess Rawson  - Perth

United Petroleum, Corner Ranford Road & Terrier Place Southern River, WA 6110

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United Petroleum, Corner Ranford Road & Terrier Place,
Southern River, WA 6110

Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land

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Land area

Floor area

Property extent

Tenure type

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Burgess Rawson  - Perth
Christopher Carcione
Andrew McKerracher

Burgess Rawson - Perth

Level 10, 225 St Georges Terrace
PERTH, WA 6000
Burgess Rawson  - Perth
United Petroleum, Corner Ranford Road & Terrier Place
Southern River, WA 6110

Map of United Petroleum, Corner Ranford Road & Terrier Place

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As New Convenience Retail Investment with Development Upside

  • Blue-Chip Tenant
  • Significant Depreciation Benefits
  • Development Upside
+ Long Term 15 year lease to United Petroleum to 2034 plus options to 2049
+ Important, compounding fixed 3% annual rental increases
+ Leased to United Petroleum, one of Australia’s leading and fastest growing fuel & convenience retailer with 450 + sites across Australia
+ Substantial 3,982sqm* corner site with 82m exposure to Ranford Road, with 30,000 vehicles passing daily
+ Significant development upside with an exceptional 800sqm* of undeveloped land suitable for a number complementary uses
+ High profile location with close proximity to Bunnings, McDonalds, Coles, Livingston Marketplace and Forrestdale Industrial Business Park
+ Ranford Road: a major transport arterial connecting Southern River with the Tonkin Highway linking the Perth International Airport and CBD
+ City of Gosnells: One of Perth’s booming residential suburbs with a population set to increase 25% to 170,000+ by 2036**
+ Blue chip, essential service investment
+ Tenant pays all usual outgoings as per Lease
+ Net Income: $315,462.15 pa* + GST

To be sold by Burgess Rawson Investment Portfolio Auction
Wednesday 23 June 2021
Crown Casino, Melbourne
Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane

Forecast Id**

Southern River, 6110 demographic data

The median household income for Southern River is $2,364, 27% higher than Greater Perth's household income of $1,865. Southern River has a younger age profile compared to the rest of Greater Perth (median age 33 vs 37). Property ownership data shows 75% of property owners in Southern River have a mortgage.

12,852
Population
$2,364 per week
Median household income
33 years
Median age
Owners
Most residents
Families
Most households
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