2 Lt. Boundary Road, Laverton North

$0.00
LEASED

A Trifecta of AAA Covenants

SOLD

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A Trifecta of AAA Covenants

SOLD

A Trifecta of AAA Covenants

SOLD

$0.00
    • SOLD in March 2024

    • Corner Site of 8,089 sqm

    • Fully Leased to McDonald’s, Shell & Nando’s

    • Highly Attractive Net Leases

  • Alexander Robertson and Cushman & Wakefield are delighted to present for sale a Premium Essential Service Investment located at, 2 Little Boundary Road, Laverton North VIC, with the following key attributes:

    Fully leased essential service offering to multiple premium tenants including listed and global brands; McDonalds, Shell, and Nando's

    Long 19-year lease + options to ASX listed tenant Viva Energy trading as Shell and Coles Express, contributing approximately 60% of the income

    20% of income secured by global brand McDonalds which includes a turnover rent mechanism in the lease

    Multiple income streams, fully leased to four separate powerhouse tenants

    Total net income of $834,037.14 p.a.* plus annual increases including CPI

    Highly exposed and commanding gateway corner site of 8,089sqm* benefiting from direct access off the West Gate Freeway (M1) exit ramp

    Expansive Corner Frontage of 182.6m*

    Over 13,000* cars passing daily on Little Boundary Road and Princes Highway

    *Approximate

 
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