Brand New Freestanding 7-Eleven Investment – New 12 Year Lease to 2035
342 Urana Road , Lavington NSW
Property Highlights
Description
Burgess Rawson is pleased to offer to the market 7-Eleven Lavington NSW for sale via our Investment Portfolio Auction 165.
The property has the following investment highlights:
+ Brand new 12 year lease to 2035 + options to 2055
+ 7-Eleven: Australia’s #1 convenience retailer with over 720 stores and accounting for approximately 38% market share
+ Compounding fixed 3% annual rent reviews ensuring long term rental growth
+ Tenant responsible for all usual outgoings as per the lease
+ Brand new 2023 construction offering maximum depreciation benefits
+ Purpose built 7-Eleven with latest specification design
+ Strategic 1,638 sqm* corner landholding serving as a gateway to Woolworths anchored Lavington Square Mall & Coles Supermarket
+ Ideal CBD position on Urana Road close to Wagga Road – Lavington’s main commercial thoroughfare
+ Lavington: largest suburb of Albury which is the second largest inland city in NSW with a population set to soar 30% by 2036*
+ Net Income: $320,000 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 5 December 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.
*Approx.
Property Details