Fuel station investment

RWC WA are pleased to present 2 Saltaire Way Port Kennedy to the market for Sale.

The property provides a fantastic opportunity for investors to purchase a financially secure service station on a 2,624sqm green title corner lot located in the industrial location of Port Kennedy.

The property was built in 2008 which it was constructed of reinforced concrete floors, concrete tilt panel elevations and a metal deck roof. The building is 130sqm* with a fuel canopy of 375sqm*. There are 12 car bays including 1 disabled car bay onsite.

The property is leased, based upon a ground lease, to EG Fuelco (Australia) Limited (Ampol) at $90,793.07pa net + GST and Outgoings for 5 years with 3 x 5 year options and annual CPI rent reviews (capped at 5%) which commenced 18/11/2023 however the tenant has been in operation since 2020. A copy of the lease can be provided upon request.

The Lessee is responsible for statutory outgoings and utility and management fees. Lessee is responsible for all costs associated with building improvements including insurance, repairs, maintenance services and other costs.

Key features include:
• 2,624sqm green title corner lot
• 130sqm* building
• 375sqm* fuel canopy
• $90,793.07pa net annual income m²
• 3 x 5 year options

For further information or to arrange an inspection please contact:

Michael Danagher
RWC WA
M: 0403 049 989
E: michael.danagher@raywhite.com

*Approx

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