Brand New 7-Eleven with Immediate Development Potential | 12 Year Lease to 2034

Burgess Rawson is pleased to offer to market the 7-Eleven located at Lot 4 Mt Low Parkway, Bushland Beach QLD for sale via Offers to Purchase.

The property has the following investment highlights:

+ Brand new 12 year lease to 7-Eleven to 2034 plus four (4) further five (5) year options to 2054
+ Landlord friendly net lease structure with 7-Eleven paying all outgoings (excluding land tax)
+ Fixed 3% annual rent increases providing bankable built-in growth
+ High exposure 3,545sqm* freehold site with a commanding corner position directly opposite the Coles anchored Bushland Beach Shopping Centre
+ Includes 250sqm* of spare land ripe for future redevelopment (STCA)
+ 7-Eleven: Australia’s #1 convenience retailer with over 700 stores and 38% market share
+ Construction completed in December 2022, allowing for outstanding tax depreciation benefits (approx. $142,200 first year tax deprecation)
+ Surrounded by future commercial and residential developments, including a childcare centre, swim school and residential subdivision
+ Over 77% of households in Bushland Beach have access to two or more motor vehicles
+ Bushland Beach: thriving master planned beachside community located 15km* from the Townsville CBD
+ Residents are attracted to the suburb for its lifestyle appeal reflecting a high ratio of households owning boats who utilise the nearby Stoney Creek Boat Ramp allowing access to an array of fishing and boating options in Halifax Bay
+ Townsville: economic capital of North Queensland with over $27 billion in infrastructure projects underway and population forecast to grow by 54% by 2041
+ Net Income: $340,000 pa* + GST

For Sale by Offers to Purchase

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx.