Brand New 7-Eleven – Prime Perth Metro Location

For Sale by Expressions of Interest
Closing 4pm AEST Thursday 13 September 2018

15 year net lease to 7-Eleven to Sept. 2032 plus 4 x 5 year options to 2052
10 year net lease to IMO Carwash to Sept. 2027 plus 10 year option to 2037
7-Eleven: major growing fuel network of over 630 petrol stations and convenience stores across Australia with annual sales of $3.6 billion
IMO Carwash: the world’s largest and fastest growing carwash company with over 800 sites across 12 European countries and Australia
High exposure 4,060 sqm corner site opposite Bunnings
Bibra Lake: popular Perth suburb only 21 km from Perth CBD
Guaranteed growth: annual fixed 3% rent increases
Tenants pay all outgoings (incl. land tax), as per Leases
Significant tax depreciation benefits
Easily managed investment, suit local and interstate investors
Combined Net Income: $426,420 pa + GST (Sept. 2018)