As New 7-Eleven Retail Investment – Booming Toowoomba Location

434-438 Stenner Street, Toowoomba QLD

Property Highlights

15 year lease to 7-Eleven to 2032 + op
Fixed annual 3% rent increases
Significant depreciation benefits

Description

+ Near New 15 year lease direct to 7-Eleven to 2032 plus options to 2049
+ Guaranteed rent growth – 3% annual rent increases
+ Tenant pays all usual outgoings as per the lease – excluding Land Tax
+ 7-Eleven: Australia’s #1 convenience retailer with over 700 locations and 38% market share
+ High profile 1,738 sqm corner site with 77 metres of combined frontage and high exposure to one of Toowoomba’s main arterials – Stenner Street
+ As new improvements constructed 2017 providing significant depreciation benefits
+ Ideally position within close proximity to University of Southern Queensland campus and South Darling Heights State School
+ Strategic location less than 1km from Toowoomba’s large format retail and shopping hub, national retailers including Woolworths, Coles, Kmart, ALDI, Harvey Norman, Anaconda and Spotlight
+ Toowoomba: Australia’s second largest inland city after Canberra located 125 kilometres west of Brisbane, a true gateway position at the junction of the Warrego, New England and Gore Highway’s which allows direct connectivity to Melbourne, Sydney, Brisbane and Darwin. Total trade catchment approximately 160,000.
+ Rent: $298,187 pa

Auction 11am AEDT Wednesday 11 December
Crown Casino, Melbourne, VIC

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fuel Station
Land Size
1,738 SQM
Building Area
183 SQM

Contact Agents

Jamie Perlinger

0413 860 315

Contact Me

Scott Meighan

0413 830 709

Doug Doyle

0400 564 623

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