• Sold
Long Term Lease - Caltex
Long Term Lease - Caltex
Long Term Lease - Caltex
Long Term Lease - Caltex
Long Term Lease - Caltex
Long Term Lease - Caltex
Long Term Lease - Caltex
Long Term Lease - Caltex
Long Term Lease - Caltex

For Sale

Offers
Colliers International is pleased to present to the market, 3 Morwell Street, Yanchep.

The service station is in a high profile location at the entry to the Yanchep / Two Rocks area. Other developments nearby include, a new McDonald’s restaurant and Yanchep Central which is a Woolworths anchored shopping centre.

Yanchep was the fastest growing area in Western Australia in 2015-2016 and is expected to continue to enjoy strong population growth.

Key Features:

• Lease expires 2031
• Strong volume throughput
• Base rent $350,097 paid every six months in advance
• Minimum fixed rent reviews of 3% per annum
• Turnover rent circa $40,000 per annum FY 17/18
• Over 50 metres of frontage to Marmion Avenue

For Sale by Offers to Purchase campaign closing Thursday 18 October 2018 at 2pm (AWST).

Property Details

  • 29/07/2020
  • Contact our experts for details on this transaction