SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Brand New Metro 7-Eleven Freehold Investment | Population Forecast to Soar by 268%

2 Tamala Lane, Yanchep WA

Property Highlights

New 12 year lease to 2035 plus options
7-Eleven pays outgoings incl land tax
Potential 67% Depreciation Year 1
Register to Bid

Description

Burgess Rawson in conjunction with CBRE Perth are pleased to offer to the market 7-Eleven, 2 Tamala Lane, Yanchep (Perth) WA for sale via our Investment Portfolio Auction 166.

This investment has the following key highlights:

+ Brand new Twelve (12) year lease to November 2035 plus options to 2060.
+ Seven & i Holdings Co: $55 billion Tokyo Stock Exchange listed company, recently purchased 7-Eleven Australia for $1.71 billion* increasing it’s worldwide store network to 85,000 stores. (1)
+ Investor preferred net lease terms with 7-Eleven paying all outgoings including land tax, except building insurance.
+ Fixed 2.5% annual rent increases assuring income growth.
+ November 2023 construction completion providing significant 67% potential depreciation in year 1. (2)
+ High profile 2,032sqm* freehold corner site with huge 153 metre* triple frontage and exposure.
+ Situated in thriving Yanchep retail precinct amongst brand new Coles SC, Woolworths SC, ALDI, McDonald’s, KFC, Hungry Jack’s and Ampol service station.
+ Booming location, with retail trade catchment forecast to soar by 268% by 2041. (3)
+ Located 2km* from the Yanchep Lagoon, a major tourism hotspot forecast to attract 1.1 million visitors per year by 2041. (4)
+ Yanchep growth underpinned by $1.1B Yanchep Railway Extension due for completion June 2024, providing direct access to Perth CBD. (5)
+ Yanchep: situated in Perth’s booming northern coastal corridor with median house price up 36.5% since October 2020. (6)
+ Net Income: $356,500pa* + GST.

For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 21 February 2024
Crown Casino, Melbourne

*Approx
1 7-Eleven
2 J Mathew Advisory
3 Forecast.id
4 DBCA WA
5 Metronet.wa.gov
6 realestate.com.au

Note: under the new subdivision (processed by the City of Wanneroo, 10th October 2023), 7-Eleven Yanchep’s physical and legal property address is now 2 Tamala Lane, Yanchep WA 6035. As it has only recently been registered, please search 2 Peony Boulevard, Yanchep WA 6035 on Google Maps to locate the property.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
2,032 SQM
Building Area
247 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights