868 South Western Highway, Byford, WA, 6122

Colliers Western Australian Investment Services as exclusive selling agents are excited to present to market 868 South Western Highway, Byford comprising of a Vibe Service Station & Aussie Liquor store located in the rapidly developing and growing suburb of Byford.

The Opportunity

A unique opportunity for an investor looking to enter the service station market to acquire a high yielding leased asset within an up and coming hospitality and retail precinct in Byford. The property also has an attached liquor license.

Location

The property is situated on the corner of the southbound side of South Western Highway and Corbel Lane offering prominent street exposure to passing traffic and is surrounded by great local amenity. It offers an easy fill up point for vehicles travelling southbound towards Serpentine and afar.

Investment Highlights

Highly Exposed Location – placed on a highly exposed 979sqm corner site with approximately 22.5m frontage to South Western highway.

Blue Chip Tenant – leased to VIBE Petroleum with additional 2 x 5 year options

Secure Cash Flow – a net income of $144,780 per annum

Guaranteed Rental Growth – annual CPI rent reviews and market rent reviews at the beginning of each option term

High Growth Location – predicted 3.24% annual population growth over the next 8 years

Significant Street Exposure - over 15,000 passing vehicles each day

Site Details*

Building Area - 318sqm

Land Area – 979sqm

Fuel Pumps – 8

Method of Sale

The property is offered for sale by Offers Invited.

For further information or to arrange an inspection, please contact the selling agents

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