Brand New 12-Year Net Lease to 7-Eleven | Opposite North Queensland's Largest School (1,922 Enrolments)

Description

CBRE are pleased to present to the market 7-Eleven Kirwan (Townsville), located at Lot 31/59-63 Thuringowa Drive, Kirwan (Townsville) QLD 4817 for sale via Investment Portfolio Auction 189.

The opportunity has the following investment highlights:

+ Brand new twelve (12) year net lease to 2038 plus four (4) further five (5) year options to 2058
+ 7-Eleven, Australia’s leading convenience brand with over 760 stores nationally, recently acquired for $1.71 billion by 7-Eleven International LLC
+ Seven & I Holdings: Tokyo-based global retail giant, parent company of 7-Eleven, 84,000 stores worldwide, market cap of $43.86 billion AUD (4.86 tn JPY)
+ Landlord favourable net lease with tenant paying for 100% of outgoings, including management fees (excluding land tax)
+ Fixed, compounding 3% annual rent increases ensuring continued rental growth
+ IMPORTANT: 7-Eleven is responsible for all maintenance, repairs and replacement of fuel tanks and equipment, plus site remediation, as per the lease
+ Prominently positioned 1,912sqm* corner site with direct frontage to Thuringowa Drive (150,000+ vehicles passing weekly)
+ Immaculately constructed freestanding state-of-the-art 270sqm NLA convenience retail facility with an important second door (only 7-Eleven in Australia) allowing access to students from North Queensland’s largest state high school (Kirwan State High School – 1,922 enrolled students), supporting the strong convenience trade of the asset
+ Brand new state-of-the-art construction completed November 2026, providing significant tax saving depreciation benefits to the incoming purchaser
+ Strategically located fuel and convenience asset with 48,000 vehicles located within a 5km* radius and adjoining brand new Imagine Early Learning (100 LDC places)
+ Ideally situated within premium commercial and medical corridor, including 1km* of Kirwan Health Campus, Medicare Urgent care clinic and Willows Shopping Centre, a major retail centre anchored by + Woolworths, Coles, Aldi and 125+ specialties*
+ Kirwan: Townsville’s largest residential suburb, located just 8km from the CBD and experienced a 12.5% increase in median house prices over the past 12 months
+ Townsville: largest city in Northern Australia, with population forecast to grow 52% to 306,053 residents by 2046
+ Net Income: $394,749 pa* + GST

For Sale via Investment Portfolio Auction 189
10.30am (AEST) Thursday 10 December 2026
Level 3, Waterfront Place, Brisbane City

Also available as part of CBRE’s December Investment Portfolio Campaign (to be sold individually)
– Imagine Early Learning Townsville

Please contact the exclusively appointed sales team for more information

*Approx

^^DISCLAIMER: The internal photos are artists impressions as the 7-Eleven opening day is scheduled for 18 November. Photos will be updated once this occurs & prior to auction.

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Contact agents
Neville Smith Senior Director
0400 068 205
Matt Smith Negotiator
+61 400 366 096
Tom Lawrence Senior Negotiator
+61 428 626 117
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Kirwan, QLD

Lot 31/ 59-63 Thuringowa Drive

For Sale by Portfolio Auction
Thursday 10th December 10:30AM Level 3, 1 Eagle St, Brisbane

This property is part of Portfolio 189

Price: Contact Agent

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