Outstanding Convenience Retail Investment – 15 Year Lease to 7-Eleven to 2028 + Options to 2043

253 Scottsdale Drive , Robina QLD

Property Highlights

Fully leased convenience retail centre
Fixed 4% annual rent increases
High profile 3,294sqm site

Description

+ 15 year lease to 2028 plus options to 2043 to Australia’s leading convenience retailer 7-Eleven
+ Supported by 10-year lease to 2025 to Gloria Jeans (Drive-Thru) plus options to 2035 and two additional longstanding speciality retailers
+ Attractive fixed 4% compounding annual rent increases for all tenants
+ Built in 2013 with modern double walled fibreglass fuel equipment
+ 7-Eleven responsible for maintenance of all fuel equipment plus site remediation
+ Landlord friendly lease structure with 7-Eleven paying 45% of all outgoings including management and land tax
+ High profile 3,294sqm* site with 52m* of frontage to Scottsdale Drive
+ Outstanding connectivity off Scottsdale drive, with direct access possible from all directions of travel
+ Positioned less than two kilometres from the $2.5billion Robina Town Centre shopping centre, anchored by David Jones, Coles, Woolworths, Kmart, Big W, Target and more
+ Strategically located within close proximity to major brands including National Storage, Bunnings, The Good Guys and Dan Murphy’s
+ Surrounded by important social infrastructure including 10 schools located within 2.5km* servicing a combined 13,615 full-time students
+ Robina: 10km south of Gold Coast, a booming commercial precinct
+ Gold Coast by 2050 is forecasted to have a population of approximately one million people
+ Estimated net income: $619,079 per annum + GST

For Sale via Expressions of Interest 
Closing 4pm AEST
Wednesday 18 May 2022

*All areas and figures approx. only. All boundaries are indicative only. 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
Land Size
3,294 SQM
Building Area
472 SQM

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