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7-Eleven, North Melbourne

FREESTANDING 7-ELEVEN SERVICE STATION - THE LAST STOP BEFORE CITYLINK (820,000* CARS PER DAY)
  • Land Area:
    1,153 m2
  • Floor Area:
    1,153 m2
  • Whole or Part of Building:
    Whole Building
  • Tenancy:
    Tenanted Investment
  • Income:
    $183,049.00 + GST
  • Lease:
    15 year net lease

OVERVIEW

  • Freestanding retail investment leased to, and guaranteed by 7-Eleven ($4.9bn group revenue – 14.6% YoY growth 2017-18^)
  • Recently rezoned 1,153 sqm* commercial 1 zoned land holding, passed by over 50,000 vehicles daily**
  • Rare fifteen (15) year net lease to 2027, with options through to 2042
  • Net income of $183,049 per annum* with strong fixed 4% annual rental increases
  • Potential for additional income via signage billboard (STCA)
  • Tenant is responsible for paying all outgoings excluding land tax

LOCATION

  • Positioned on major retail corner with huge exposure via Racecourse & Boundary Roads

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