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CBRE - VIC

United Petroleum, 1655 Thompsons Road Cranbourne North, VIC 3977

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United Petroleum, 1655 Thompsons Road,
Cranbourne North, VIC 3977

Shops & Retail • Showrooms & Large Format Retail • Other

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CBRE - VIC
Shaun Venables

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
04118608...
CBRE - VIC
United Petroleum, 1655 Thompsons Road
Cranbourne North, VIC 3977

Map of United Petroleum, 1655 Thompsons Road

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Brand New Fuel & Retail Investment - Booming South Eastern Growth Corridor

  • Brand new 15 year net lease to United
  • Large 3,662 sqm corner landholding
  • Excellent tax saving depreciation
+ New 15 year net lease to United plus options to 2054.
+ United Petroleum: One of Australia’s largest independent fuel retailers with over 420 sites nationally.
+ Freehold 3,662 sqm corner site with 167 metres combined frontage, located between Woolworths Shopping Centre and Bunnings Warehouse.
+ Newly constructed (2020) buildings including 3 separately titled specialty shops and 25 on-site parking spaces.
+ Supporting specialty shops fully leased with brand new 7 & 5 year leases to Pizza, Vegetarian and Indian restaurants.
+ Attractive net lease terms with tenants paying all usual outgoings.
+ Excellent depreciation benefits.
+ High profile site on the important Thompsons road with 13,400 vehicles* passing daily.
+ Cranbourne North: Strategic growth location within booming City Of Casey, set for 75%+ population growth to 549,190 residents by 2041^.
+ Net Income: $398,704 pa + GST + Outgoings.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 9 December

*Gap Maps
^ Forecast ID

Cranbourne North, 3977 demographic data

The median household income for Cranbourne North is $1,941, 2% higher than Greater Melbourne's household income of $1,901. Cranbourne North has a younger age profile compared to the rest of Greater Melbourne (median age 32 vs 37). Property ownership data shows 77% of property owners in Cranbourne North have a mortgage.

24,683
Population
$1,941 per week
Median household income
32 years
Median age
Owners
Most residents
Families
Most households
CBRE - VIC
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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