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196 Melbourne Road
Wodonga VIC 3690
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196 Melbourne Road Wodonga VIC 3690

  • Shop & Retail
  • 1 m²
  • For Sale, Price on Request

Brand New Premium Fast Food & Convenience Retail Investment New 12 Year Leases to 2036

    Burgess Rawson is pleased to offer to the market 7-Eleven & Oporto Wodonga (Albury) VIC for sale by Expressions of Interest closing Tuesday 12 November.

    This opportunity has the following key investment highlights:

    + New 12 year leases to 2036 plus options through to 2056
    + 7-Eleven: Australia's #1 convenience retailer with 760+ stores, recently purchased for $1.71B by 7-Eleven International LLC operating 46,000+ sites
    + Oporto: part of Craveable Brands operating 600+ restaurants nationally including Oporto, Red Rooster & Chicken Treat
    + Compounding fixed 3% annual rent increases, guaranteeing rental growth
    + Defensive essential service investment providing long leases to global and national giants
    + Newly built in 2023 providing maximum depreciation benefits
    + Prime 3,484sqm* landholding offering state-of-the-art construction built to 7-Eleven and Oporto standards
    + Ideal retail position with direct access off major roundabout, minutes to Murray Valley Highway and close to national retailers and major automotive precinct including Toyota, Lexus, Volkswagen, Nissan, Kia and Ultra Tune
    + Wodonga: robust economy with low vacancy rates and house prices up 50%
    + Net Income: $527,182 pa* + GST

    For Sale via Expressions of Interest
    Closing 3pm AEDT Tuesday 12 November 2024

    Please contact the exclusively appointed sales team for more information.

    *Approx.

    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Floor Area1 m²
    Land Area3,484 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019536931
    Category
    Last updated  3 Oct 2024
    Map for 196 Melbourne Road Wodonga VIC 3690
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Floor Area1 m²
    Land Area3,484 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019536931
    Category
    Last updated  3 Oct 2024

    Co-Agents

    Jamie Perlinger
    Burgess Rawson VIC Pty Ltd
    Call
    0413 860 315
    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188
    Geoff Sinclair
    Burgess Rawson Sydney
    Call
    0451 462 759

    More about 196 Melbourne Road Wodonga VIC 3690

    196 Melbourne Road Wodonga VIC 3690 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 3,484 m². The listing ID for this property is 2019536931.

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