• Price: EOI closing Thursday, June 10, 2021, at 3pm
  • Location: Kwinana Beach
  • Area: 7,925m2
  • Agent: CBRE
  • Contact: Richard Cash 0412 006 949

A NEAR new Ampol truckstop and service station in Kwinana Beach has been listed for sale by CBRE.

Situated on the corner of Mandurah and Wellard Roads in Kwinana Beach, the 7952m2 metre property is leased to Ampol Fuel for 15 years – providing a long-term income stream with strong annual rental growth.

CBRE’s Richard Cash and Derek Barlow have been appointed to sell the retail asset on behalf of developer Bestarch Holdings Pty Ltd.

“This is an attractive opportunity to secure a long-leased investment in a high-growth location,” Mr Cash said.

“The tenant has constructed the truckstop and service station using their own capital, with responsibility for maintenance of the improvements – which demonstrates their long-term commitment to the site.”

Mr Barlow said the property’s proximity to the proposed Westport development would be a key selling factor.

“The property stands to benefit from its proximity to the proposed Westport freight development, which will see a major uplift in commercial vehicle traffic around the area,” Mr Barlow said.

The property is being offered for sale via expressions of interest closing Thursday June 10, at 3pm (AWST).

Extracted in full from: https://www.farmweekly.com.au/story/7253718/kwinana-beach-truck-stop-for-sale/