Retail - Shop
Quinn Property Co & Burgress Rawson from CBRE are pleased to offer to market the Viva Energy convenience retail outlet at 34-36 Monash Road in Newborough VIC, to be sold via National Portfolio Auction 180.
This property has the following key investment highlights:
+ Fifteen (15) Year lease to Viva Energy October 2030 plus further Five (5) year options to October 2040.
+ Viva Energy Australia (ASX: VEA): ASX200 company recently purchasing Coles Express & OTR making Viva Energy Australia’s leading convenience retail with 1,500 sites nationally. (1)
+ Tenant responsible for all usual outgoings as per lease including Land Tax.
+ Central 1,916sqm* retail freehold site with 40.8 metres* street frontage.
+ Total refurbishment 2007, including new fiberglass tanks and lines plus new canopy
+ Recently refurbished (2024) 180sqm* convenience retail store, plus 166sqm* canopy area.
+ ‘Mixed Use' Zone under the City of La Trobe Planning Scheme.
+ Proven position ‘Outbound’ or ‘Moe bound’ or ‘Princes Hwy – Melbourne bound’ location.
+ Moe / Newborough trade catchment population circa 17,894, central within the Latrobe City Region servicing a trade catchment of 126,800+ people. (2)
+ Annual CPI rent reviews.
+ Potential 50% stamp duty saving.
+ Estimated Net Income: $192,034pa* + GST (approx)
To be sold via Investment Portfolio Auction 180 (IF NOT SOLD PRIOR)
10:30am AEDT Wednesday 22 October 2025
Garden Room, Crown Casino, Melbourne