Archives: Properties

Brand new 12 year lease to 7-Eleven to 2031 plus options to 2051.
Guaranteed rental growth with annual fixed 3% rent increases.
7-Eleven is Australia’s #1 convenience retailer with over 700 stores and 38% market share.
Extremely unique and rare 17,300 sqm* freeway convenience retail and truck stop with dedicated access and egress to Western Freeway and Derrimut/Hopkins Rd.
Extraordinary exposure with 573 metres* combined frontage and over 82,000 vehicles passing daily**.
Underutilised site with outstanding long-term development potential (STCA), at the edge of Melbourne’s rapid urban sprawl.
Key site in the heart of Melbourne’s western growth corridor with the population in the immediate vicinity expected to increase from 3,483 people to 70,738 people plus 354,520 new residents within 10 km by 2051***.
Extensive 356 sqm* convenience retail store refurbished in 2012 with 2 separate canopies plus 18 car spaces and 12 dedicated truck parking bays.
Landlord-favourable, Net lease terms, 7-Eleven pay all rates, building and public liability insurances*.
IMPORTANT: 7-Eleven owns, maintains, repairs and replaces all fuel tanks*, equipment plus site remediation.

To be sold by Investment Portfolio Auction at Crown Casino from 12 noon AEDT on Wednesday 30 October.
14 other 7-Eleven freehold investments also available.
Contact sales team for more details.

***forecast.id
**VicRoads
*All areas and figures approx only. All boundaries are indicative only. Rents stated are commencing rentals as per the lease. Land tax is not payable by the tenant. 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.

Brand new 12 year lease to 7-Eleven to 2031 plus options to 2051.
Guaranteed rental growth with annual fixed 3% rent increases.
7-Eleven is Australia’s #1 convenience retailer with over 700 stores and 38% market share.
Prime 3,430 sqm* Nepean Highway corner site with 107 metres* combined frontage and 30,000 vehicles passing daily**.
Supported in the immediate vicinity by KFC, Hungry Jack’s, McDonald’s, Red Rooster, Toyota, Ford, Honda, Mazda, Autobarn, Dulux, Adairs and Beleura Private Hospital all within 350 m*.
Includes land on title for potential expansion (STCA).
Modern 205 sqm* convenience retail store refurbished and updated in 2012 with on-site car spaces.
Landlord-favourable, Net lease terms, 7-Eleven pay all rates, building and public liability insurances*.
IMPORTANT: 7-Eleven owns, maintains, repairs and replaces all fuel tanks*, equipment plus site remediation.
Popular city-commute destination, 57 kilometre* drive from the Melbourne CBD.
Growing residential population of 25,913, up 23% since 2006****.
Gateway to Portsea, Sorrento and the Mornington Peninsula, one of Victoria’s leading tourism destinations and booming drive-holiday market with domestic overnight spend up 31.4% since 2018 to $707 million***.

To be sold by Investment Portfolio Auction at Crown Casino from 12 noon AEDT on Wednesday 30 October.
14 other 7-Eleven freehold investments also available.
Contact sales team for more details.

**VicRoads
***business.vic.gov.au
***profile.id
*All areas and figures approx only. All boundaries are indicative only. Rents stated are commencing rentals as per the lease. Land tax is not payable by the tenant. 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.

10 year lease to Woolworths/ EG Group to 2026 plus options.
4 year lease plus options to Fusion Physiotherapy.
Brand new fibreglass tanks and store refurbishment completed in 2015.
EG Group: Recent acquisition of WOW fuel business for $1.725B – circa 4,700 retail and fast food sites across Europe and North America.
Highly strategic Commercial 1 land parcel of 5,068sqm with 40m frontage to Condon St, access to Edwards Rd and amongst two major shopping centres servicing the growing eastern Bendigo population.
Greater Bendigo: Vic’s third largest urban centre, a growing population of 116,000+, forecast to increase to 155,000 by 2036.
Estimated Net Income: $239,382 pa + GST (Jan 2020)

Auction 11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne

+ Leased to Viva Energy to February 2024
+ Annual rent reviews
+ Tenant pays all usual outgoings including land tax plus remediation responsibility
+ Single tenant, minimum management investment
+ Corner highway landholding of 1,922 sqm with total frontage of 88m plus adjoining corner site for overflow parking – 835 sqm
+ Viva Energy Australia: Single largest fuel retailer in the country with 1,250 service stations. Market Cap $4.48B (Aug 2019)
+ Tocumwal: thriving Murray River town, significant holiday population and tourist visits
+ Net Income: $114,842 pa + GST

For Sale by Auction
11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne

+ Secure 6 + 6 year lease through to December 2030
+ 1,004sqm Commercial 1 corner site with 46m total frontage
+ All structural repairs, maintenance and remediation obligations are responsibility of the tenant
+ EG Group: Recent acquisition of WOW fuel business for $1.725B – circa 4,700 retail and fast food sites across Europe and North America
+ Established fuel outlet at gateway to Ballarat CBD – 200 metres from complimentary Woolworths Supermarket and BWS Liquor
+ Annual CPI rent reviews
+ Ballarat: The capital of Western Victoria & one of Australia’s fastest growing regional cities with projected 19% population growth by 2026
+ In excess of $50,000 pa + GST

For Sale by Auction
11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne