Share this property

Knight Frank - Adelaide (RLA 199257)

Viva Energy Australia, 77 Port Road Queenstown, SA 5014

Directions

Viva Energy Australia, 77 Port Road,
Queenstown, SA 5014

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

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Knight Frank - Adelaide (RLA 199257)
Oliver Totani
Jack Dyson

Knight Frank - Adelaide (RLA 199257)

Level 29 Westpac House, 91 King William Street
ADELAIDE, SA 5000
Knight Frank - Adelaide (RLA 199257)
Viva Energy Australia, 77 Port Road
Queenstown, SA 5014

Map of Viva Energy Australia, 77 Port Road

Directions

Metro Adelaide Viva Energy Freehold Investment

  • Rare Triple Net Lease to Viva Energy
  • Stamp duty free investment
  • Annual compounding 3% rent increases
+ Secure 12 year triple net lease to 2028 plus seven further 10 year options to 2098.
+ Viva Energy Group Limited (ASX: VEA), a blue-chip $3.4 billion ASX-listed company and Shell’s Australian licensee with over 1,300 retail fuel sites across Australia**.
+ Viva Energy controls 24% of Australia’s retail fuel market, with sales volume up 28% since June 2020**.
+ Rare, landlord-favourable, triple net lease terms with tenant responsible for rates, building insurance, public liability insurance and land tax.
+ Tenant also responsible for all structural maintenance, repairs and replacement, (including fuel tanks and equipment).
+ Guaranteed rental growth with annual fixed 3% rent increases.
+ Impressive 2,951sqm corner site with a combined 101m of frontage and exposure.
+ Strategically positioned on the corner of Port Road and Tapleys Hill Road – two major commuter roads servicing an average of 45,500+ vehicles per day.***
+ Prime position, 1.5km from high-profile tenants including Bunnings, Harvey Norman, Coles, IGA, and BWS plus the famous Alberton Oval.
+ Westfield West Lakes, a double supermarket and DDS shopping centre anchored by Coles, Woolworths, Target, Kmart, David Jones and JB Hi-Fi – 190+ specialty stores and over 4000 car spaces all within 2.5kms.
+ City of Port Adelaide Enfield: Located only 8kms from the Adelaide CBD, many of the more than 8,100 businesses based in the City of Port Adelaide Enfield operate on a national or global level. ****
+ Strategic essential service investment.
+ Net Rent: $139,112 pa (as at August 2021)

To be sold by Investment Portfolio Auction:
10:30am AEST
Tuesday 10th August 2021
Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

RLA 293472 & RLA 312692

2 other Viva Energy freehold investments also available.
Contact sales team for more details.

**Viva Energy
***Gap maps
**** www.cityofpae.sa.gov.au

Property ID: 503863710Last Updated: 1 Oct 2021

Knight Frank - Adelaide (RLA 199257)
Level 29 Westpac House, 91 King William Street
ADELAIDE, SA 5000
Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Knight Frank - Adelaide (RLA 199257)

Other properties you might be interested in based on the location and property type you are looking at.