Stonebridge National Investment Sales is pleased to present 7-Eleven Runaway Bay (Gold Coast) for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Secure 10 year net lease to 2028 + option, with favourable fixed 4% annual rent increases
- 7-Eleven - Trophy convenience retail tenant across 720+ locations nationally
- Freestanding convenience retail offering with prominent 7-Eleven signage and branding providing significant depreciation benefits
- Valuable 1,475 sqm* corner landholding with high underlying land value providing multiple potential future uses (STCA)
- Well configured site with 10 on site car parks and 78m* of dual street frontage and access
- Ideal position amongst an affluent and high density residential catchment being the key central convenience hub within a 1.3 km* radius
- Runaway Bay Prestigious waterfront Gold Coast suburb only 8 km* to Surfers Paradise
- Gold Coast World famous location with current population of 590,000+ set to boom to 1 million by 2050
- Net lease structure Tenant pays usual outgoings as per lease and is responsible for full site remediation
- Net Income $335,338 pa*^ + GST
'7-Eleven Runaway Bay (Gold Coast)' is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
^As at 5 October 2023