Burgess Rawson is pleased to offer to the market 7-Eleven Wilsonton, 407 Bridge Street, Wilsonton QLD for sale via our Investment Portfolio Auction 165.
This opportunity has the following key investment highlights:
+ Brand new 12 year lease to 7-Eleven (corporate head office) to 2035 plus 4 further 5 year options to 2055
+ 7-Eleven: Australia's #1 convenience retailer with over 750 stores and accounting for approximately 38% market share**
+ Set-and-forget net lease structure with 7-Eleven responsible for all usual outgoings excluding land tax
+ Strong and certain income growth with annual, fixed 3% increases
+ Brand new quality construction by Hutchinson Builders, offering substantial depreciation benefits
+ Prime 1,779sqm* corner location with direct exposure to all traffic flows and 80m* of frontage and exposure to Bridge Street, a major Toowoomba arterial road linking the Warrego Highway with the Toowoomba CBD & over 18,500 vehicles passing daily***
+ Rare, freestanding pad site seamlessly integrated with the Wilsonton Shopping Centre, a double supermarket and DDS shopping centre anchored by Coles, Woolworths, KFC, Hungry Jack's, Dan Murphy's, Petbarn & Starbucks, complemented by 800 free on-site parking spaces****
+ Wilsonton Shopping Centre: premier neighbourhood shopping destination servicing a main trade area population of 43,000 and generating an annual consumer expenditure in excess of $543 million per year****
+ Surrounded by important social infrastructure including the Toowoomba City Aerodrome, the St Andrew's Toowoomba Hospital and 25 schools within 3km* servicing over 11,900 full-time students.***
+ Toowoomba Region: the western gateway to the $280 billion***** south east Queensland economy, with population forecast to exceed 204,000 people by 2041******
+ QLD's 6th largest region by population, the Toowoomba Region generates $11.63 billion in Gross Regional Product (GRP) with an estimated 90,183 jobs in the area*****
+ The Toowoomba Region is nestled within Southern Queensland Country, a booming tourism destination that welcomed more than 2.5 million domestic visitors in the year ending June 2023. The visitors contributed an impressive $1.267 billion in expenditures*******
+ Toowoomba City: a booming growth suburb where median house prices have surged by 39%* in the past 12 months********
+ Net Income: $287,696 pa* + GST (as at Feb 2024)
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 7 December 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
**7-Eleven
***GapMaps
****Wilston Shopping Centre
*****Economy.id
******Toowoomba GOV
*******Tourism & Events Queensland
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