994 Wanneroo Road, Wanneroo WA

Property Description

994 Wanneroo Road, Wanneroo presents a secure, net leased fuel and convenience investment on a 2,250sqm landholding in the heart of the Wanneroo Town Centre. The site is leased to Metro Petroleum, one of Australia's largest independent service station networks, and trades 24 hours a day, 7 days a week. The property returns $436,127.15 pa net + GST with all outgoings recovered from the tenant. A fixed 3.5% increase on 16 February 2027 lifts the income to $451,391.60 pa, and with the lease running to 2032 plus 4 x 5 year options, there's potential tenure through to 2052.

The subject property offers:

• 2,250sqm Landholding
• Leased to Metro Petroleum, Australian Owned with Over 300 Sites Nationally
• Net Lease with All Outgoings Recovered from the Tenant
• Fixed 3.5% Increase on 16 February 2027
• Approximately 5.4 year WALE by Income, with 4 x 5 Year Options
• Zoned "Centre" Under the City of Wanneroo Local Planning Scheme
• Main Road Exposure to Wanneroo Road, a Major Northern Arterial

Land Area: 2,250sqm Approx.
Net Income: $436,127.15 pa+ GST
Outgoings: Recovered from the Tenant
Next Increase: 3.5% on 16 February 2027 ($451,391.60 pa+ GST}
Lease: Expires 16 February 2032 + 4 x 5 Year Options

Method of Sale: Offers Invited closing Thursday, 5 November 2026 (unless sold prior}

For more information or to arrange an inspection, please contact us today.