RWC Adelaide is proud to offer to market the BP (X Convenience) located at 21 Edmund Avenue, Unley.
Situated in one of Adelaide's most prestigious suburbs, this blue chip fuel and convenience investment presents an opportunity to own rare position on Duthy Street, a key thoroughfare for some of the most prestigious of homes in the state.
Reel in the security of a lease to 2036 with options thereafter, while benefiting from the significant capital appreciation that land in Unley is known for.
Key Investment Features:
• Fifteen year lease to 2036, with two further ten year options.
• Fixed 3% rent reviews - guaranteeing strong rental growth
• Leased to Andrash Unley Pty Ltd a fully owned subsidiary of BP (British Petroleum)
• BP - A global energy leader dual-listed on the LSE (BP) and NYSE (BP)
• BP recently acquired X Convenience in SA and WA, expanding its national footprint to over 1,400 convenience retail sites.**
• X Convenience - independent fuel retailer with over 49 service stations across South Australia and Western Australia.***
• Rare corner site of some 652sqm* in prestigious Unley locale
• Strategic location as the sole fuel/convenience site on Duthy Street
• Unley median house price now $1,660,500****
• No stamp duty payable!
• Est. net income of $133,226p.a.*
21 Edmund Avenue, Unley is offered for sale by Public Auction, to be held onsite on Friday the 10th of October at 11am (USP).
For further information, please contact the exclusively listed agents at RWC Adelaide.
*Approx
**BP
***X Convenience
****Realestate.com
The size of Unley is approximately 1.5 square kilometres. It has 6 parks covering nearly 4.4% of total area. The population of Unley in 2016 was 4006 people. By 2021 the population was 3997 showing a population decline of 0.2% in the area during that time. The predominant age group in Unley is 30-39 years. Households in Unley are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Unley work in a professional occupation.In 2021, 61.90% of the homes in Unley were owner-occupied compared with 61.40% in 2016.
Unley has 2,365 properties. Over the last 5 years, Houses in Unley have seen a 70.96% increase in median value, while Units have seen a 73.30% increase. As at 31 December 2025:
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