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806-810 Ballarat Rd 5,328 SF Retail Building Deer Park, VIC 3023 For Sale
Investment Highlights
- Location within Melbourne’s western growth corridor, surrounded by major retailers and community services.
- Prominent 4,285 m² corner site offering 180 meters of triple street frontage and exposure to over 616,000 vehicles weekly.
Executive Summary
This premium investment opportunity features a long-term 15-year triple net lease to United Petroleum, Australia’s leading independent fuel retailer with more than 500 operational sites nationwide. The lease extends until 2033, with multiple five-year options stretching the potential term to 2053. Under the rare triple net covenant, the tenant assumes full responsibility for all outgoings, including structural and capital works, providing investors with a secure and maintenance-free income stream.
The property encompasses a substantial 4,285 m² corner site with approximately 180 meters of street frontage across Ballarat Road, Station Road, and Glencairn Avenue. It attracts exposure to more than 616,000 vehicle movements per week and serves as a gateway to Melbourne’s rapidly growing western corridor. The site sits within an Industrial 3 Zone (IN3Z), which allows future diversification for uses such as bulky goods, convenience retail, and quick service restaurants (STCA). Fixed annual rental increases of 3% ensure ongoing compounding income growth, complemented by a projected City of Brimbank population surge of nearly 20% by 2046.
The property encompasses a substantial 4,285 m² corner site with approximately 180 meters of street frontage across Ballarat Road, Station Road, and Glencairn Avenue. It attracts exposure to more than 616,000 vehicle movements per week and serves as a gateway to Melbourne’s rapidly growing western corridor. The site sits within an Industrial 3 Zone (IN3Z), which allows future diversification for uses such as bulky goods, convenience retail, and quick service restaurants (STCA). Fixed annual rental increases of 3% ensure ongoing compounding income growth, complemented by a projected City of Brimbank population surge of nearly 20% by 2046.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
5,328 SF
Building Class
C
NOI
$381,007
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.06 AC
Contacts
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Yosh Mendis -
Jamie Perlinger -
Rick Jacobson -
David Napoleone -
Burgess Rawson Sydney
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806-810 Ballarat Rd
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