SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Prestigious Belconnen 7-Eleven Freehold Investment

2 Chinner Crescent, Melba ACT

Property Highlights

Brand new 12 year lease to 7-Eleven
Prominent 1,967 sqm corner site
Strategic convenience retail location

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 metro Canberra investment 10km north west of the CBD.
Prominent 1,967 sqm* site with large and secure rear yard.
Easy access and 54 metre* frontage to Kingsford Smith Drive, an important suburban arterial.
Busy convenience precinct, supported by IGA, liquor store, restaurants and local hall.
Booming Growing Belconnen region forecast population growth of 59% by 2058**.
Estimated net rent: $152,042 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
1,967 SQM
Building Area
527 SQM

Contact Agents

Billy Holderhead

0422 817 696

Contact Me

Jamie Perlinger

0413 860 315

Zomart He

0488 220 830

James Baker

0421 863 040

Steve Burke

0428 434 464

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