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}