Strong Performing 7-Eleven in Booming Metro Perth Growth Suburb

8 Mullingar Way, Landsdale WA

Property Highlights

Fixed 3.5% annual rent increases
Landmark 2,394sqm* corner freehold
Substantial depreciation benefits

Description

Burgess Rawson is pleased to offer to market the 7-Eleven located at 8 Mullingar Way, Landsdale WA for sale via Private Treaty.

The investment has the following key investment highlights:
+ 7-Eleven: 15-year lease to 2031 plus five (5) further five (5) year options to 2056.
+ 7-Eleven: Australia’s #1 convenience retailer with over 700 stores and accounting for approximately 38% market share.**
+ Saranda Café on renewed 3-year lease to April 2025 with 2-year option through to 2027.
+ Landlord favourable net leases with tenants paying all usual outgoings including single holding land tax.
+ Large 2,394 sqm* corner freehold with direct frontage and exposure to Hartman Drive, a major arterial road servicing 17,000+ vehicles daily.***
+ Adjoining Bunnings Warehouse and IMO Car Wash, the world’s largest independent car wash business with 840 sites spanning 15 countries.****
+ Excellent depreciation benefits.
+ Landsdale: Booming metro Perth residential and industrial growth precinct, only 16 km* from Perth CBD.
+ City of Wanneroo: by 2041, the City of Wanneroo is forecast to grow 64% to over 367,000 people.*****
+ Combined Net Rent: $434,703.92 pa* + GST
For sale by Private Treaty.

Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx
**7-Eleven
***GapMaps
****IMO Car Wash
*****Forecast.id

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
2,394 SQM
Building Area
1 SQM

Price

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