Brand New Service Station & Head Office – 100% Leased To 7-Eleven
194 Great Eastern Highway (Corner Grandstand Road) , Ascot WA
Property Highlights
Description
Brand new improvements, brand new net leases
15 year service station lease, 10 year head office lease
Fixed 3% rent increases assuring growth
7 Eleven: the Nation’s largest independent convenience & petrol retailer with 670 stores & $3.7 billion annual revenue
Brand new state-of-the-art improvements completed September 2018
Great Eastern Highway – major 6 lane arterial road with 56,000 vehicles daily, connecting commuters from Perth CBD to eastern suburbs and the main thoroughfare to Perth Airport – 13.9 million travellers annually
Major 2,834 sqm corner site with 115m frontage & 22 on-site car spaces
Substantial taxation saving depreciation benefits
Tenant pay all outgoings including land tax and insurance
Ascot: established inner eastern Perth suburb on the southern bank of the Swan River, 6km from CBD and home to Ascot Racecourse
Rent: $431,000 pa
Auction 11am AEDT Wednesday 12 December 2018
River Room, Crown Casino, Melbourne
Property Details