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7-ELEVEN Altona/210 Maidstone Street (corner Jordan Close)
Altona VIC 3018
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Sold on 3 Sep 2021

7-ELEVEN Altona/210 Maidstone Street (corner Jordan Close) Altona VIC 3018

  • Shop & Retail
  • 501 m²
  • Sold

7-ELEVEN FUEL & CONVENIENCE INVESTMENT WITH VALUE-ADD POTENTIAL

  • 15 YEAR NET LEASE TO 7-ELEVEN
  • FIXED ANNUAL 3% RENT INCREASES
  • LARGE CORNER INVESTMENT

+7-ELEVEN service station built in November 2017, with major depreciation tax benefits

+15-year lease to Australia's #1 convenience retailer, 7-ELEVEN Stores Pty Ltd (corporate head office)

+Highly attractive net lease structure with fixed annual increases of 3% per annum

+Long-term investment with value-add opportunity comprising an 814sqm* pad site approved for a drive-thru restaurant

+High exposure 3,631sqm* corner landholding, with more than 15,000* passing cars per day

+Built by Cadence Property Group, one of Australia's leading commercial development managers

+Within an established industrial and residential precinct, set to benefit from significant government infrastructure investments

+Approved 33,000sqm* DHL distribution centre and 480,000sqm* of land proposed for future industrial development all within 500 metres*

+Net Annual Income of $316,446*

EXPRESSIONS OF INTEREST CLOSED OFFERS UNDER REVIEW.

OPEN FOR INSPECTION TIMES:

Friday 30th July 11:00am11:30am
Friday 6th August 11:00am11:30am

For information please contact the exclusive sales and marketing agents:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

David Minty
+61 422 564 199
david.minty@cbre.com.au

Jing Jun Heng
+61 411 059 116
jj.heng@cbre.com.au

CBRE
CBRE
Level 34,
Melbourne, VIC 3000

Property Highlights

Date Sold3 Sep 2021
Floor Area501 m²
Land Area3,631 m²
ParkingOn site parking available
Property ID2017232184
Category
Last updated  1 Mar 2022
Map for 7-ELEVEN Altona/210 Maidstone Street (corner Jordan Close) Altona VIC 3018
CBRE
CBRE
Level 34,
Melbourne, VIC 3000

Property Highlights

Date Sold3 Sep 2021
Floor Area501 m²
Land Area3,631 m²
ParkingOn site parking available
Property ID2017232184
Category
Last updated  1 Mar 2022

Listed by

More about 7-ELEVEN Altona/210 Maidstone Street (corner Jordan Close) Altona VIC 3018

7-eleven Altona/210 Maidstone Street (corner Jordan Close) Altona VIC 3018 is categorized as Shop & Retail Property. It has a floor area of 501 m² and a land area of 3,631 m². The listing ID for this property is 2017232184.

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