Irreplaceable 7-Eleven Gateway Investment
Address: 7-Eleven, 76 Gartside St, Wanniassa, ACT 2903
| Land Area | 3,378sqm |
| Building Area | 738sqm |
Highlights:
- 3,378 sqm* Gateway Corner Site
- Guaranteed Rental Growth
- Dominant & Tightly Held Location
Description:
The key highlights of the opportunity include –
- 12-year NET** lease with fixed 3% annual rental increases
- 100% secured by retail giant 7-Eleven (700+ stores in Australia)
- High profile gateway location with strong access & visibility, at the entrance to the Erindale/Wanniassa Town Centre (anchored by Woolworths Supermarket), McDonalds & other major retailers
- Large triple fronted 3,378 sqm* corner site with over 130 m* of valuable street frontage
- Net annual income of $316,233*, with tenant paying all usual outgoings
- 7-Eleven is one of Australia’s largest privately owned companies with 8,800 employees & averaging more than 190 million transactions a year
7-Eleven Wanniassa is for sale by Expressions of Interest closing Wednesday 1st December 2021 at 5pm (AEDT).
Contact:
Stonebridge Property Group
Justin Dowers
Rorey James
Phillip Gartland
Kevin Tong
*Approximate
**Excludes management and some owner specific costs
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