CBRE is delighted to offer to the market 7-Eleven Traralgon VIC for sale via Private Treaty. The property has the following investment highlights:
+ Brand new Twelve (12) year lease to 2037 plus Four (4) further Five (5) year options to 2057.
+ First 7-Eleven in the Greater Gippsland region.
+ 7-Eleven: Australia’s #1 convenience retailer with 760+ stores, recently purchased for $1.71B by 7-Eleven International LLC, operating 46,000+ sites globally.(1)
+ Seven & I Holdings: Tokyo-based global retail giant, parent company of 7-Eleven, with 84,000 stores worldwide.(1)
+ Fixed, compounding 3% annual rent increase ensuring continued income growth.
+ Investor preferred net lease terms with the tenant responsible for usual outgoings excluding land tax.
+ Modern & well-presented 162sqm* retail shop with recent fit-out to 7-Eleven’s latest corporate layout and design.
+ Strategic 2,663sqm* ACZ1 landholding with valuable 54 metre* highway exposure.
+ High profile Princes Highway position with 24,000+ vehicles passing daily.(2)
+ Dominant retail location with Supercheap Auto, PetStock, Petbarn, Dan Murphys, Dulux, Autobarn, and Bob Jane T-Marts all within 150m.*
+ Traralgon: retail & commercial capital of the Latrobe Valley servicing a trade catchment of 125,000+ people.(3)
+ Latrobe City: major service hub of the Gippsland region and one of Victoria’s major regional centres, with annual economic output of $17.2 billion.(4)
+ Potential 50% stamp duty savings.
+ Net Income: $305,362 pa* + GST. For sale via Private Treaty..
*Approx 1 7-Eleven 2 GapMaps 3 Traralgon Centre Plaza 4 REMPLAN