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Colliers - Sydney West

Shell Norwest 2-8 Lexington Drive Bella Vista, NSW 2153

Shell Norwest 2-8 Lexington Drive,
Bella Vista, NSW 2153

Warehouse, Factory & Industrial • Other • Shops & Retail

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Colliers - Sydney West
Harry Bui
Paul McGlynn

Colliers - Sydney West

Level 50, 8 Parramatta Square, 10 Darcy Street
PARRAMATTA, NSW 2150
Colliers - Sydney West
Shell Norwest 2-8 Lexington Drive
Bella Vista, NSW 2153

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Blue Chip Investment in the heart of Norwest Business Park

  • Brand new flagship store in Sydney
  • Long lease expiry profile of 10 years
  • Strong performing location
Colliers International is excited to present For Sale via International Expression of Interest, a brand-new flagship Sydney Metro service station anchored by International fuel operator, VIVA Energy.

Enjoying long term secure income-stream from two (2) tenancies, Norwest service station is situated on the prime corner of Norwest Boulevard and Lexington Drive and benefits from a 24-hour flow of traffic comprising local residents and predominantly of freight transports.

Investment Highlights Include:
• Long expiry profile of 10 years with head lease to Viva Energy
• Net income of $604,544 per annum*
• Outgoings are recoverable by all tenants on a net lease structure
• Large corner site area of 2,813sqm*
• Construction complete in September 2020 with eight (8) fuel bowsers and high canopy clearance of 5.3 metres
• One of the major flagship convenience stores in Sydney
• 57 on-grade car spaces (including 30 shared car spaces with the adjoining McDonald’s site)
• This is one of two service stations which are exclusively run by Viva Energy within the Norwest and Bella Vista suburbs with main road frontage to Norwest Boulevard, a key bypass destination for vehicles passing Norwest Business Park to travel North, South, East and West through direct connections to the M2 & M7, Old Windsor Road and Windsor Road.
• 29 minutes* to Parramatta; 25 minutes* to Western Sydney Airport; and 45 minutes* to Sydney CBD

*Approximately.

Norwest Service Station is for sale by Expressions of Interest.

For further information, please contact Paul McGlynn and Harry Bui.

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Bella Vista, 2153 demographic data

The median household income for Bella Vista is $3,518, 69% higher than Greater Sydney's household income of $2,077. Bella Vista has an older age profile compared to the rest of Greater Sydney (median age 40 vs 37). Property ownership data shows 57% of property owners in Bella Vista have a mortgage.

8,384
Population
$3,518 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
Colliers - Sydney West
Level 50, 8 Parramatta Square, 10 Darcy Street
PARRAMATTA, NSW 2150

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