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Quinn Property Co & Burgess Rawson From CBRE are pleased to offer to market the Metro Fuel outlet at 609 Henty Highway in Portland VIC, to be sold via National Portfolio Auction 179.
This property has the following key investment highlights:
+ Fifteen (15) Year lease to November 2034
+ Dib Group established 1995 trading as Metro Fuel now with 300+ sites across the nation
+ Three further Five (5) year options through to 2049
+ Fixed annual 3.3% rent increases with 5% fixed increases at the options – ensuring continued income growth
+ Tenant responsible for all usual outgoing as per lease
+ Large 2,588sqm* freehold site, with 44.7 metre Highway frontage
+ Modern 196 sqm* convenience retail store, with combined additional 313sqm* canopy areas
+ Brand new construction 2019 including double skin fibreglass tanks, offering significant taxation saving depreciation
+ Development includes potential for drive thru retail plus truck bays
+ Position perfect ‘Outbound’ or ‘Melbourne bound’ location, with circa 9000 vehicles passing daily
+ Recent road network upgrades and bypass plus new tbae LFR retail centre nearby including Bunnings compliment the site and immediate area
+ Port of Portland is Victoria’s only natural deep-water port, supporting 45% of VIC’s dry bulk cargo. (1)
+ Portland: administrative hub of Glenelg Shire, trade catchment circa 19,777 with annual GRP of $1.16B*, up a significant 5% since 2021. (2)
+ Potential 50% stamp duty saving.
+ Net Income: $388,293pa* + GST (November 2025)
To be sold via Investment Portfolio Auction 179 (IF NOT SOLD PRIOR)
10:30am AEST Tuesday 16 September 2025
Garden Room, Crown Casino, Melbourne
Quinn Property Co.
Marcus Quinn 0439 328 0...
* Approx
1 Port of Portland
2 .id & Glenelg.vic.gov.au
Property ID: 504937528Last Updated: 20 Aug 2025