Outstanding Convenience Retail Investment – 15 Year Lease to 7-Eleven

642 Toohey Road, Salisbury QLD

Property Highlights

15yr lease to 2035 to 7-Eleven
Income Security - WALE of 12.76 yrs
Net leases with 3% fixed rent reviews


+ High profile convenience retail centre anchored by a 15 year lease to 2035 to 7-Eleven
+ Supported by a recent 10yr lease to Kebab Land – experience operator
+ Long term income security offered through outstanding 12.79 year centre WALE (by income)
+ Outstanding 2,051sqm corner site fronting major signalised intersection
+ Fixed 3% annual rent increases for both tenants providing built in growth
+ Built new in 2017 – strong depreciation benefits
+ Surrounded by national brands – McDonald’s, First Choice, Bridgestone , Anytime Fitness
+ Salisbury: 8km* South of the Brisbane CBD – booming industrial & commercial precinct
+ Estimated Net Income $406,470 pa + GST

For Sale by Investment Portfolio Auction
10:30AM (AEST) Thursday 16 December 2021
Hilton, Brisbane

Property Details

Current Tenant
Occupancy Type
Fuel Station
Land Size
2,051 SQM
Building Area

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