- New 15-year lease to Solo Energy
- Strong net income of $405,000 pa
- High-profile main road location
Description
Gorman Commercial is pleased to offer 77–81 Point Cook Road, Seabrook (Point Cook) for sale by Expressions of Interest closing Wednesday 11 March at 2:00pm.
The property comprises a recently refurbished Solo-branded service station strategically positioned on a high-exposure site at the intersection of Point Cook Road and Chiltern Court. As the first service station accessed after exiting the Princes Freeway, the asset benefits from exceptional exposure to high volumes of passing traffic servicing the growing Seabrook, Point Cook and Sanctuary Lakes catchments.
Key property features include:
• New 15-year lease to Solo Energy Australia Pty Ltd
• Strong net income of $405,000 pa + GST with fixed 4% annual rental increases
• Recently refurbished service station with modern fuel infrastructure
• High-profile position with excellent main road exposure to circa 32,000 passing vehicles per day (approx.)
• Commercial 1 zoned landholding of 1,915sqm (approx)
• Eight (8) on-title car parking spaces
• Passive, low-maintenance investment in a key metropolitan growth corridor