SOLD
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SOLD

Freestanding Melbourne 7-Eleven with Long Term Sub-Lease to McDonald’s

1603 Sydney Road, Campbellfield VIC

Property Highlights

Secure 12 year lease to 7-Eleven
Includes McDonald's on long sub-lease
60,000 vehicles passing daily

Description

Secure 12 year lease to 7-Eleven to 2031 plus options to 2051.
Guaranteed rental growth with annual fixed 3% rent increases.
7-Eleven is Australia’s #1 convenience retailer with over 700 stores and 38% market share.
Thriving convenience centre with integrated drive-thru McDonald’s on a long term sub-lease.
Strategic 8,084 sqm* site on home-bound side of the Hume Highway with 120 metre* frontage and 60,000 vehicles passing daily**.
Located in the heart of Melbourne’s most important industrial and logistics hub with proximity to major northern and western freeways and arterials.
Central 504 sqm* building comprises 7-Eleven convenience retail store, McDonald’s Restaurant with drive thru, twin canopies including 30 on-site car spaces plus 4 truck parking bays.
Landlord-favourable, Net lease terms, 7-Eleven pay all rates, building and public liability insurances*.
IMPORTANT: 7-Eleven owns, maintains, repairs and replaces all fuel tanks*, equipment plus site remediation.

To be sold by Investment Portfolio Auction at Crown Casino from 12 noon AEDT on Wednesday 30 October.
14 other 7-Eleven freehold investments also available.
Contact sales team for more details.

**VicRoads
*All areas and figures approx only. All boundaries are indicative only. Rents stated are commencing rentals as per the lease. Land tax is not payable by the tenant. 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
8,084 SQM
Building Area
504 SQM

Contact Agents

Jamie Perlinger

0413 860 315

Contact Me

Scott Meighan

0413 830 709

Billy Holderhead

0422 817 696

Zomart He

0488 220 830

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