2 Lt. Boundary Road, Laverton North
A Trifecta of AAA Covenants
SOLD
A Trifecta of AAA Covenants
SOLD
A Trifecta of AAA Covenants
SOLD
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SOLD in March 2024
Corner Site of 8,089 sqm
Fully Leased to McDonald’s, Shell & Nando’s
Highly Attractive Net Leases
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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