• Significant depreciation benefits
• Net income $330,393pa*
• Stamp duty free investment

Leedwell Property are pleased to exclusively present for sale via EOI a recently constructed fuel investment at 1 Rainbird Drive, Mount Barker at the doorstep to award winning residential development, Newenham.

The property has the following investment highlights:
- Stamp duty free investment
- Net income of $330,393pa (as at January 2026)
- Fifteen (15) year net lease to 2036 plus two (2) further ten (10) year options to 2056.
- Well renowned SA business 'X Convenience' was recently acquired by BP (British Petroleum) expanding its national network to 1,400 convenience retail sites.
- BP is global energy giant dual-listed on the LSE (BP) and NYSE (BP), with a total market cap of $136 billion (October-25).
- Net lease with tenant responsible for statutory outgoings (excluding Land Tax), property management, insurance, repairs/maintenance and utilities
- Constructed in 2021 offering significant depreciation benefits.
- Impressive 2,519 sqm* corner site with extensive frontage and exposure to Flaxley Road and at entrance to Newenham residential development
- Shopping complex set to be delivered in 2027 directly adjacent the site
- Newenham: $350 million award winning master planned community, to deliver 730 homes
- Two schools in immediate proximity with Kings Baptist Grammar School and another mooted


Please contact the agents below for more detail
Mitch Curnow | 0415 494 056
Peter Gambranis | 0411 691 169