2 Tamala Lane Yanchep WA 6035

Burgess Rawson in conjunction with CBRE Perth are pleased to offer to the market 7-Eleven, 2 Tamala Lane, Yanchep (Perth) WA for sale via our Investment Portfolio Auction 166.

This investment has the following key highlights:

+ Brand new Twelve (12) year lease to November 2035 plus options to 2060.
+ Seven & i Holdings Co: $55 billion Tokyo Stock Exchange listed company, recently purchased 7-Eleven Australia for $1.71 billion* increasing it's worldwide store network to 85,000 stores. (1)
+ Investor preferred net lease terms with 7-Eleven paying all outgoings including land tax, except building insurance.
+ Fixed 2.5% annual rent increases assuring income growth.
+ November 2023 construction completion providing significant 67% potential depreciation in year 1. (2)
+ High profile 2,032sqm* freehold corner site with huge 153 metre* triple frontage and exposure.
+ Situated in thriving Yanchep retail precinct amongst brand new Coles SC, Woolworths SC, ALDI, McDonald's, KFC, Hungry Jack's and Ampol service station.
+ Booming location, with retail trade catchment forecast to soar by 268% by 2041. (3)
+ Located 2km* from the Yanchep Lagoon, a major tourism hotspot forecast to attract 1.1 million visitors per year by 2041. (4)
+ Yanchep growth underpinned by $1.1B Yanchep Railway Extension due for completion June 2024, providing direct access to Perth CBD. (5)
+ Yanchep: situated in Perth's booming northern coastal corridor with median house price up 36.5% since October 2020. (6)
+ Net Income: $356,500pa* + GST.

For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 21 February 2024
Crown Casino, Melbourne

*Approx
1 7-Eleven
2 J Mathew Advisory
3 Forecast.id
4 DBCA WA
5 Metronet.wa.gov
6 ***

Note: under the new subdivision (processed by the City of Wanneroo, 10th October 2023), 7-Eleven Yanchep's physical and legal property address is now 2 Tamala Lane, Yanchep WA 6035. As it has only recently been registered, please search 2 Peony Boulevard, Yanchep WA 6035 on Google Maps to locate the property.