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Trophy 7-Eleven Convenience Retail Investment

63 Princes Highway , Albion Park Rail NSW

Property Highlights

15 year lease to 7-Eleven to 2031
Fixed 3% annual rent increases
Significant 3,541sqm Princes Highway
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Description

+ 15 year corporate lease to 7-Eleven to 2031 plus options to 2046.
+ Guaranteed rental growth – highly desirable fixed 3% annual rent increases.
+ 7-Eleven is Australia’s #1 convenience retailer with over 700 stores & revenue of $3.4 Billion.
+ Substantial 3,541sqm site with direct exposure and access to the busy Princes Highway.
+ Extensive convenience retail store built new in 2017.
+ As new improvements offering significant depreciation benefits.
+ Landlord-favourable, net lease terms with 7-Eleven responsible for all rates, building and public liability insurances, repair/maintenance and site remediation.
+ First class location in Albion Park Rail surrounded by leading national tenants; Taco Bell, Oporto, Subway and Zone Bowling all within 100 metres*.
+ Future development plans surrounding the site leading to further growth with Albion Park Rail core commercial precinct.
+ Albion Park Rail is part of the City of Shellharbour LGA with a population of over 74,000 people.
+ Net Income: $335,110* pa + GST.

For Sale by Auction
Tuesday 29 March 10.30am (AEDT)
Yallamundi Rooms, Sydney Opera House

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
3,541 SQM
Building Area
1 SQM

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