2 Rail Circuit Mambourin VIC 3024

Burgess Rawson are pleased to offer to market the 7-Eleven at 2 Rail Circuit (Cnr Black Forest Road), Mambourin (Werribee) VIC to be sold via Investment Portfolio Auction.

This property has the following investment highlights:

+ New Thirteen (13) year lease to 7-Eleven to November 2037 plus options to 2057.
+ 7 Eleven: Australia's #1 convenience retailer with 760+ stores, recently purchased for $1.71B by 7-Eleven International LLC, operating 46,000+ sites.
+ 2024 construction, providing significant tax saving depreciation benefits.
+ Key 2,028sqm freehold corner landholding offering state-of-the-art construction built to the latest 7-Eleven corporate standards.
+ Compounding, fixed 3% annual rent increases, providing certain rental growth.
+ Tenant pays usual outgoings, excluding land tax.
+ Ideal retail position, enveloped by upcoming McDonald's, KFC and the 'Mambourin Marketplace' anchored by Coles, incorporating 25 specialty retailers, future medical precinct, cafés and restaurants.
+ Benefit from surrounding master planned precincts in development by major property developers, Peet, Frasers, Stockland and Oreana.
+ 'Mambourin Estate' and 'Cornerstone Estate', expected to deliver 3,100+ homes** along with important public infrastructure, the new Mambourin train station, Good News Lutheran College (1,500 students), local community and business district, public parks and more.
+ Defensive essential service investment.
+ Wyndham City: one of Australia's fastest growing regions with population forecast to grow 46% by 2046 to 488,606 people.***
+ Net Income: $353,100 pa* + GST

For sale via Investment Portfolio Auction 174
10:30am AEDT, Wednesday 19 February 2025
River Room - Crown Casino, Melbourne VIC

* Approx
** Openlot
*** Forecast.id