Sterling Property is pleased to exclusively present 1/1163 Albany Highway, Bentley – a high-profile near new dual-tenanted fuel and convenience investment underpinned by a global Chevron covenant, income security and strong depreciation benefits.
Positioned on a prominent corner along Albany Highway, one of Perth’s busiest arterial corridors, the property benefits from exceptional exposure, multiple access points and strong underlying metropolitan fundamentals.
The asset is securely leased to Chevron Australia (Caltex) and Muzz Buzz, delivering diversified income with a WALE of 8.60 years (by income) as at 1 February 2026.
Key Highlights
• Dual-tenanted fuel & convenience investment
• 89% income weighted to Chevron (Caltex) – global energy major
• Strong passing income approx. $427,452 p.a.
• WALE: 8.60 years (by income) as at 1/2/26
• Near-new improvements constructed Q2 2023 offering attractive depreciation benefits
• Prime corner position at Albany Highway & Bedford Street
• Net leases with built-in rental growth
• Exceptional exposure to high daily traffic volumes
• Approx. 8km from Perth CBD and close to Perth Airport
A highly defensive metropolitan investment offering secure income, global covenant strength, depreciation upside and long-term strategic appeal.
Asking Price:
For Sale via Offers Invited – Please Call Agent for Details
For access to the Information Memorandum, data room, or to arrange a private inspection, please contact the exclusive selling agent:
Jack Bradshaw
Senior Partner – Sterling Property
0439 095 336
jbradshaw@sterlingproperty.au
Brian Neo
Managing Director – Sterling Property
0411 868 486
bneo@sterlingproperty.au
