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196 Melbourne Road
Wodonga VIC 3690
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Sold on 18 Dec 2024

196 Melbourne Road Wodonga VIC 3690

  • Shop & Retail
  • 1 m²
  • Sold

UNDER CONTRACT 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 Wednesday 4 December 2024.

    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
    + Potential 50% stamp duty saving
    + Wodonga: robust economy with low vacancy rates and house prices up 50%
    + Net Income: $519,921 pa* + GST

    For Sale via Expressions of Interest
    Closing 3pm AEDT Wednesday 4 December 2024

    Please contact the exclusively appointed sales team for more information.

    *Approx.

    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold18 Dec 2024
    Floor Area1 m²
    Land Area3,484 m²
    ParkingAsk Agent
    Property ID2019536931
    Category
    Last updated  
    Map for 196 Melbourne Road Wodonga VIC 3690

    Nearest transport* to 196 Melbourne Road Wodonga VIC 3690

    Bus
    Train
    Tram
    Ferry
    The Border Mail Offices/McKoy St (West Wodonga)274 m
    Mayfair Dr Opp Dundee Dr681 m
    Aberdeen Dr/Mayfair Dr (West Wodonga)687 m
    Buckland Ct/Mayfair Dr (West Wodonga)745 m
    This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
    *Within a 4km radius
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    Max wholesale speed tier available: nbn® Fibre to the Premises
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold18 Dec 2024
    Floor Area1 m²
    Land Area3,484 m²
    ParkingAsk Agent
    Property ID2019536931
    Category
    Last updated  

    Co-Agents

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

    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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