Brand New Convenience Retail and Fast-Food Freehold Investment

Description

Cushman & Wakefield together with Burgess Rawson are pleased to offer to the market 51 Tiffany Centre, Dalyellup (Bunbury) WA for sale via Expressions of Interest.

The property has the following key highlights:

+ Brand new, purpose-built state-of-the-art convenience retail and fast-food freehold investment.
+ Long 12 & 10 year net leases plus options to global and national retail giants.
+ 7-Eleven: AUS #1 convenience retailer with 760+ stores, recently purchased for $1.71B* by 7-Eleven International LLC with 46,000+ sites globally. (1)
+ Chicken Treat: rapidly growing fast-food brand wholly owned by QSR giant Craveable Brands, who also own Red Rooster and Oporto with 600+ locations. (2)
+ Investor preferred net lease terms, with tenants paying all outgoings including land tax.
+ Guaranteed income growth via fixed 3% & 2.7% annual rent increases.
+ Immaculate 7-Eleven plus freestanding Chicken Treat restaurant with dual lane drive-thru.
+ 2024 construction completion providing significant depreciation benefits.
+ High profile 3,704sqm* freehold landholding with 178 metre* triple frontage.
+ Important 28 on-title sealed and lined car spaces.
+ Prime town centre position opposite Woolworths, McDonald’s, KFC and Coles (under construction).
+ Benefits from Dalyellup Beach Estate which will house 11,000 residents upon project completion. (3)
+ Bunbury: WA’s second largest city and economic hub of south-west region.
+ Greater Bunbury: booming region with population forecast to increase to 213,000 by 2026. (4)
+ Net Income: $460,370pa* + GST

For Sale via Expressions of Interest:
Closing 3:00pm (AWST) Tuesday 12 November 2024

*Approx
1. 7-Eleven
2. Craveable Brands
3. Satterley
4. Forecast.id

Cushman & Wakefield agents
Ben Younger – 0410 533 679
Nick Charlton – 0467 399 681

Burgess Rawson agents
Beau Coulter – 0413 893 898
Yosh Mendis – 0434 413 188
Jamie Perlinger – 0413 860 315

Enquire

Contact agents
Beau Coulter Partner
0413 839 898
Yosh Mendis Head of Agency | Partner
0434 413 188
Enquiry Form

Dalyellup, WA

51 Tiffany Centre

For Sale by Expression of Interest

This property is part of Portfolio 172

Price: Contact Agent

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