Metropolitan 7-Eleven Freehold Investment

1 Atalumba Close, Giralang ACT

Property Highlights

Brand new 12 year lease to 7-Eleven
Large 2,477 sqm corner site
Immediate proximity to Primary School

Description

Brand new 12 year lease to 7-Eleven to 2032 plus options to 2052.
Guaranteed rental growth with annual, fixed, compounding 3% rent increases.
7-Eleven is Australia’s #1 convenience retailer with over 700 stores and approximately 38% market share.
Well located Belconnen investment on large 2,477 sqm* site with 112 metre* combined street frontage.
Strategic convenience retail location 7.5 km north west of Canberra CBD.
Immediate proximity to Giralang Primary School, Giralang Sports Grounds and public transport links on Canopus Crescent via bus route 30 (connecting Belconnen and Dickson).
District of Belconnen population is forecast to grow by 59% to 152,452 in 2058**.
Estimated net rent: $145,998 pa*.

To be sold at the Final 7-Eleven sale-and-leaseback portfolio auction at AuctionWorks, 50 Margaret Street, Sydney from 10.30am AEDT on Tuesday 25 February 2020.
17 other 7-Eleven freehold investments also available.
Contact sales team for more details.

**Treasury ACT & ABS
*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 Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fuel Station
Land Size
2,477 SQM
Building Area
574 SQM

Contact Agents

Billy Holderhead

0422 817 696

Contact Me

Jamie Perlinger

0413 860 315

Zomart He

0488 220 830

Steve Burke

0428 434 464

Guy Randell

0430 272 999

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