Burgess Rawson is pleased to offer to the market 7-Eleven Kedron located at 485 Gympie Road, Kedron (Brisbane) QLD for sale via our Investment Auction Portfolio 171.
This opportunity has the following key investment highlights:
+ Brand new 12 year net lease to 2036 plus options to 2056
+ 7-Eleven: Australia's #1 convenience retailer with 760+ stores, recently purchased for $1.71B by 7-Eleven International LLC with 46,000 sites globally
+ Fixed 3% annual rent increases ensuring long term compounding income growth
+ Highly desirable lease structure, 7-Eleven pays all usual outgoings including council rates, water rates, insurances, general repairs and maintenance
+ Brand new 2024 construction, offering maximum depreciation benefits
+ Immaculate freestanding state-of-the-art convenience retail facility expertly built by nationally renowned Hutchinson Builders and designed by award winning architect Cottee Parker
+ High profile 1,838sqm main road corner landholding underpinned by high underlying land value
+ Expansive frontage to key arterial Gympie road that sees over 455,000^ vehicles pass the site weekly
+ Exceptional inner city retail corridor with Westfield, Coles, ALDI, Bunnings, JB Hi-Fi, KFC, Starbucks, Toyota & Hungry Jack's all within 2km*
+ Kedron: highly desirable inner city suburb, only 8km* to the bustling Brisbane CBD. Median house price in Kedron has increased by over 20% in the last 12 months with household income over 26% higher than the state average.
+ Net Income: $390,259 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 17 September 2024
Yallamundi Rooms, Sydney Opera House
Also available as part of Burgess Rawson's September Portfolio Auction.
- Starbucks, Kedron (Brisbane)
Please contact the exclusively appointed sales team for more information.
^GapMaps
