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

Blue-Chip Melbourne 7-Eleven Freehold Investment

339 Dorset Road, Croydon VIC

Property Highlights

Brand new 12 year lease to 7-Eleven
92m frontage and easy access/egress
25,000 vehicles passing daily

Description

Brand new 12 year lease to 7-Eleven to 2031 plus options to 2051.
Guaranteed rental growth with annual fixed 3% rent increases.
7-Eleven is Australia’s #1 convenience retailer with over 700 stores and 38% market share.
Prominent 5,412 sqm* site with 92 metre* frontage, easy vehicular access/egress and 25,000 vehicles passing daily**.
Strategic location adjacent to Dorset Gardens Hotel, opposite newly redeveloped Bowen’s Hardware, 150 metres* to Dorset Recreation Reserve and 400 metres* to Swinburne University
General Residential Zoning, with long term residential development potential (STCA).
Outstanding 180 sqm* convenience retail store refurbished to 7-Eleven’s current corporate standard with attached canopy and on-site car parking.
Landlord-favourable, Net lease terms, 7-Eleven pay all rates, building and public liability insurances*.
IMPORTANT: 7-Eleven owns, maintains, repairs and replaces all fuel tanks*, equipment plus site remediation.

To be sold by Investment Portfolio Auction at Crown Casino from 12 noon AEDT on Wednesday 30 October.
14 other 7-Eleven freehold investments also available.
Contact sales team for more details.

**GapMaps
*All areas and figures approx only. All boundaries are indicative only. Rents stated are commencing rentals as per the lease. Land tax is not payable by the tenant. 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
5,412 SQM
Building Area
180 SQM

Contact Agents

Jamie Perlinger

0413 860 315

Contact Me

Scott Meighan

0413 830 709

Billy Holderhead

0422 817 696

Zomart He

0488 220 830

Stay up to date with our latest portfolio auctions & insights