342 Albany HighwayOrana WA 6330
Property Details for 342 Albany Hwy, Orana
Last Listing description (December 2022)
+ Secure 15-year lease to Viva Energy to 2034 plus options to 2054 with fixed 3% reviews p.a
+ Brand new 10-year lease to Zambrero with attractive CPI reviews p.a
+ Viva Energy Group Limited (ASX: VEA), a blue-chip $4.09 billion ASX-listed company and Shell's Australian licensee with over 1,300 retail fuel sites across Australia**
+ Landlord-favourable net lease terms with the tenant paying all rates, building and public liability insurances, and single holding Land Tax
+ As new site, offering significant depreciation benefits
+ Prime 3,220 sqm* gateway site with 115 metres* of frontage to a major 6 way roundabout including South Coast and Albany Highways servicing over 36,000 vehicles per day****
+ Coles Supermarket, BCF, Tool Kit Depot, McDonald's, IGA Supermarket and Bunnings Warehouse all within 1.5km*
+ City of Albany: the City of Albany supports over 17,000 jobs and generates a Gross Regional Product (GRP) of $2.29 billion*****
+ City of Albany: By 2030, population forecast to grow by 32% to 50,000******
+ Estimated net rent: $417,918 pa* (as of 1 January 2023)
To be sold by Expressions of Interest (EOI) closing 4pm Wednesday 9 November
To be sold individually or in-one-line with 13 other freehold convenience retail investments also available
Contact Burgess Rawson sales team for more details
For Asian Investment services, please contact Zomart He on 0488 220 830 or zhe@burgessrawson.com.au
**Viva Energy Australia
***Zambrero
****GapMaps
*****Economy.id
******Albany Advertiser
*All areas and figures approx only. All boundaries are indicative only. Rents stated are estimated net annual rentals based on commencing rentals in the lease and where relevant land tax information held at the date of preparing this document. Replacement of fuel tanks in accordance with provisions in the Lease. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents
Property History for 342 Albany Hwy, Orana, WA 6330
- 07 Oct 2022Listed for Sale Price on Request
- 17 Dec 2019Listed for Sale Contact Agent
- 18 Nov 2019Sold for $6,150,000
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0About Orana 6330
The size of Orana is approximately 2.4 square kilometres. There are 4 parks, covering nearly 6.6% of the total area. The population of Orana in 2016 was 2050 people. By 2021 the population was 2035 showing a population decline of 0.7% in the area during that time. The predominant age group in Orana is 10-19 years. Households in Orana are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Orana work in a trades occupation.In 2021, 59.10% of the homes in Orana were owner-occupied compared with 60.90% in 2016.
Orana has 1,027 properties. Over the last 5 years, Houses in Orana have seen a 117.50% increase in median value, while Units have seen a 113.25% increase. As at 31 July 2026:
- The median value for Houses in Orana is $685,029 while the median value for Units is $586,362.
- Houses have a median rent of $600.
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