Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A

Attributes

Tenure Type Freehold
Building Area
Land Area ()

Property Description

JLL Retail Investments is pleased to offer for sale United Corio, a never to be repeated opportunity to acquire a flagship service station underpinned by a brand new twelve (12) year lease and designed by the internationally renowned architecture group, Peddle Thorp. 

Investment Highlights

Investment Highlights:

• Internationally significant service station, designed by Peddle Thorp Architects

• Brand new 12-year lease to United Petroleum with options to 2063

• Significant 1.19ha landholding zoned Commercial 2 

• 130m frontage to Princes Highway, a major arterial 

• Net Lease Structure, with fixed 2.5% annual rent reviews

• Current income of $395,000 p.a. + GST

• Superb location at the gateway of the City of Geelong, Victoria’s second largest city

• High profile site with over 42,000 passing vehicles per day


United Corio is for sale by Expressions of Interest closing 4:00pm (AEST) Wednesday 29th September 2021. 


To obtain further information or to arrange an inspection, please contact the exclusive selling agents below.


Tom Noonan

0402 319 698


MingXuan Li

0498 688 998


Stuart Taylor

0428 000 000

Last Updated Date: 04 Sep 2021
Stuart Taylor
Senior Director - Retail Investments VIC
Tom Noonan
Director, Retail Investments

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Last Updated Date: 04 Sep 2021

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