Somerville

This property is not currently for sale or rent on https://www.jacobsandlowe.com.au

Petrol Station Investment on the Mornington Peninsula

Gross Waddell ICR and Jacobs and Lowe are pleased to present this perfectly positioned Petrol Station Investment, in the heart of vibrant Somerville on the busy Frankston-Flinders Road running through the Peninsula.

Anchored by Shell Coles Express, the property offers a substantial rental of $253,213.44 pa* net across it's convenience store and 12 associated petrol pumps.

- ASX listed tenant - Viva Energy Australian Pty Ltd – offering a current rental of $253,213.44* with over 7 years remaining plus 2 further 5 year options
- Tenant pays all outgoings including land tax
- Large landholding of 2,356 sqm* zoned General Residential (GRZ1) – Prime location exposed to thousands of cars daily
- Moments away from Somerville Central Shopping Centre, Somerville Train Station & bustling Coles and Woolworths supermarkets
- Gateway to thriving Mornington Peninsula wine region and key bayside spots

For sale via Auction on Tuesday 5th September from 11 am at Leonda By The Yarra, Hawthorn.

For further details contact the exclusive sales agents at Gross Waddell ICR or Jacobs and Lowe.

*Approx.
#Single holding basis

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