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}
This commercial property at 994 Wanneroo Road, Wanneroo is listed for sale by Con Passaris and Jonathan Kilborn at AGORA Property Group.
It has been described by the agent as ‘Leased Service Station (24 Hour Trading)’.
If you would like to get in touch with Con Passaris or Jonathan Kilborn regarding 994 Wanneroo Road, Wanneroo, please call Con on 0412 004 374 or call Jonathan on 0404 796 137, or contact the agent via email.