Prestigious Belconnen 7-Eleven Freehold Investment

Description

Burgess Rawson is pleased to offer to the market 7-Eleven Melba ACT for sale via our Investment Auction Portfolio 169.

The property has the following investment highlights:

+ 12 year lease to 7-Eleven to 2032 plus options to 2052
+ 7-Eleven: recently purchased for $1.71B by 7-Eleven International LLC with 46,000 sites globally
+ Guaranteed rental growth with annual, fixed, compounding 3% rent increases
+ Well located metro Canberra investment 10km north west of the CBD
+ Prominent 1,967 sqm* site with large and secure rear yard
+ Easy access and 54 metre* frontage to Kingsford Smith Drive, an important suburban arterial
+ Busy convenience precinct, supported by IGA, liquor store, restaurants and local hall
+ Booming Growing Belconnen region forecast population growth of 59% by 2058^
+ Net Income: $171,124 pa*

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 25 June 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

*Approx
^Treasury ACT & ABS

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James Baker Associate Director - Sales & Leasing
0421 863 040
Enquiry Form

Melba, ACT

2 Chinner Crescent

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 134

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