CBRE is pleased to present to the market 7-Eleven & Smokin Joes Benalla (Hume Region) VIC, located at 18-20 Bridge Street West (Midland Highway), for sale via Private Treaty. The opportunity has the following investment highlights:
+ Anchored by a brand new twelve (12) year lease to 7-Eleven to 2037 plus four (4) further five (5) year options extending to 2057
+ Complimentary convenience retail and fast food tenancy mix
+ 7-Eleven: Aus #1 convenience retailer with 760+ stores, recently purchased for $1.71B* by 7-Eleven International LLC, 46,000 sites
+ Smokin Joe’s: established fast food brand with a network of 63 locations across Victoria
+ Chargestop: international EV charging company headquartered in Canada, with expanding operations across Australia and Mexico
+ Attractive mix of fixed 3% and 4% annual rental increases, ensuring compounding income growth
+ Large 1,839sqm* corner freehold providing significant exposure through its dual street frontage
+ Brand new 2025 construction, offering significant depreciation benefits
+ Potential 50% stamp duty savings
+ Benalla: important suburb located in the Hume Region of Victoria, with population forecast to boom 40% over the next 20 years¹
+ Net Income: $424,945 pa* + GST For sale via Private Treaty Please contact the exclusively appointed sales team for more information.
*Approx 1 Regional Development Victoria