CBRE Melbourne Metropolitan Sales is offering for sale 7-Eleven Hampton Park, comprising a freehold investment leased to one of the world's most recognisable fuel & retail brands.
+ 10 year lease to Australia's #1 convenience retailer, 7-Eleven Stores Pty Ltd plus options to 2036
+ Annual income $488,547* pa + GST
+ Unlimited CPI upside on annual rental increases during the term
+ Favourable net lease terms with tenant responsible for all usual outgoings excluding Land Tax
+ Securely leased to 7-Eleven Stores Pty Ltd, generating annual revenue of $453m* and operating over 750 stores Australia wide, accounting for 38%* market share in the fuel & convenience sector
+ 7-Eleven maintains, repairs and replaces all fuel tanks, equipment and is also responsible for site remediation as per the lease
+ Prominent 5,125sqm* corner landholding with a combined 230 metres* of street frontage and exposure to Pound & Shrives Roads, exposed to over 34,000*^ vehicles passing daily
+ Between The South Gippsland & Princes Highways, near multiple national retailers such as ALDI & Chemist Warehouse, this prime gateway site is in the surging City of Casey with population expected to grow by 49.23%*^^ to over 550,000*^^ people by 2041
+ In Victoria's booming south eastern corridor, evidenced by surrounding residential housing estates "Heming on Pound", "Horizon" & "181 Pound Road" set to deliver new dwellings to the immediate zone
+ Significant commercial infrastructure expenditure proposed in the immediate area with a golf course, schools, hospitals, train stations and childcare centres apart of The City of Casey's masterplan for Hampton Park
Please contact CBRE for further information.
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
*Denotes Approx.
^Vic Roads traffic data
^^id.community