Pacific Highway 7-Eleven Freehold Investment

412-416 Maitland Road, Mayfield West NSW

Property Highlights

Brand new 12 year lease to 7-Eleven
2,362 sqm Pacific Hwy corner site
23,000 vehicles passing daily

Description

Brand new 12 year lease to 7-Eleven to 2032 plus options to 2052.
Guaranteed rental growth with annual, fixed, compounding 3% rent increases.
7-Eleven is Australia’s #1 convenience retailer with over 700 stores and approximately 38% market share.
Prominent 2,362 sqm* corner site with 65 metre* frontage to the Pacific Highway retail corridor, also home to McDonald’s, KFC, Woolworths and ALDI, all within 1.5 km.
Other nearby amenities include Calvary Mater Hospital, CSIRO Energy Centre, University of Newcastle (23,000+ enrolments**), Mayfield West Public School, Waratah Station and the iconic Moly-Cop/Comsteel Waratah plant (600 employees***) all within 2 km.
NSW’s second largest city benefiting from significant Government investment and forecast 21% population growth by 2041****.
Estimated net rent: $147,182 pa*.

To be sold at the Final 7-Eleven sale-and-leaseback portfolio auction at AuctionWorks, 50 Margaret Street, Sydney from 10.30am AEDT on Tuesday 25 February 2020.
17 other 7-Eleven freehold investments also available.
Contact sales team for more details.

**University of Newcastle
***Newcastle Herald
****forecast.id
*All areas and figures approx only. All boundaries are indicative only. Rents stated are estimated net annual rentals based on commencing rentals in the lease and where relevant land tax information held at the date of preparing this document. 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
2,362 SQM
Building Area
555 SQM

Contact Agents

Billy Holderhead

0422 817 696

Contact Me

Jamie Perlinger

0413 860 315

Kieran Bourke

0417 418 007

Simon Staddon

0413 640 851

Zomart He

0421 863 040

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