Prestigious Belconnen 7-Eleven Freehold Investment

Description

Brand new 12 year lease to 7-Eleven to 2032 plus options to 2052.
Guaranteed rental growth with annual, fixed, compounding 3% rent increases.
7-Eleven is Australia’s #1 convenience retailer with over 700 stores and approximately 38% market share.
Well located metro Canberra investment 10km north west of the CBD.
Prominent 1,967 sqm* site with large and secure rear yard.
Easy access and 54 metre* frontage to Kingsford Smith Drive, an important suburban arterial.
Busy convenience precinct, supported by IGA, liquor store, restaurants and local hall.
Booming Growing Belconnen region forecast population growth of 59% by 2058**.
Estimated net rent: $152,042 pa*.

To be sold at the Final 7-Eleven sale-and-leaseback portfolio auction at AuctionWorks, 50 Margaret Street, Sydney from 10.30am AEDT on Tuesday 25 February 2020.
17 other 7-Eleven freehold investments also available.
Contact sales team for more details.

**Treasury ACT & ABS
*All areas and figures approx only. All boundaries are indicative only. Rents stated are estimated net annual rentals based on commencing rentals in the lease and where relevant land tax information held at the date of preparing this document. Replacement of fuel tanks in accordance with provisions in the Lease. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

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Contact agents
Billy Holderhead Partner
0422 817 696
Jamie Perlinger Head of Agency | Partner
0413 860 315
Zomart He Partner
0488 220 830
James Baker Associate Director - Sales & Leasing
0421 863 040
Steve Burke Associate Director - Sales & Leasing
0428 434 464
Enquiry Form

Melba, ACT

2 Chinner Crescent

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 134

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