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Brand New Service Station & Head Office – 100% Leased To 7-Eleven

194 Great Eastern Highway (Corner Grandstand Road), Ascot WA

Property Highlights

Brand New 15 & 10 Year Leases

Significant Tax Depreciation Benefits

56,000+ Vehicles Passing Daily

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

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
2,834 SQM
Gross Building Area
450 SQM

Contact Agents

Jamie Perlinger

+610 413 860315

Scott Meighan

0413 830 709

Rob Selid

0412 198 294

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