For Sale – Service Station with Food Offering

46 Bakewell Drive, Port Kennedy WA

  1. New 15 year lease to 2031 plus 4 x 5 year options to 2051
  2. Guaranteed growth fixed at 3% annual rental increases
  3. BP as anchor tenant – Tier 1 fuel network brand with largest network in Australia
  4. Additional tenancy opportunity with 156 sqm of NLA with a further 32 sqm of outdoor seating
  5. Lessee pays a proportion of all usual outgoings
  6. Prime 3,841 sqm site with over 70m of frontage to busy Port Kennedy Drive, which carries in excess of 10,000 cars per day
  7. Significant taxation depreciation benefits – built 2016
  8. Port Kennedy located in the southern growth corridor of Perth with immediate ocean front connection, strong population growth in the thriving municipality of City of Rockingham
  9. BP tenancy rent: $300,000pa
  10. Secondary tenancy rent potential to $80,000pa