Brand new 12 year lease to 7-Eleven to 2031 plus options to 2051.
Guaranteed rental growth with annual fixed 3% rent increases.
7-Eleven is Australia’s #1 convenience retailer with over 700 stores and 38% market share.
Prime 3,521 sqm* corner site with 134 metres* combined frontage and including 1,024 sqm* of vacant land for potential expansion (STCA).
High visibility with 34,000 vehicles passing daily**.
Within 14 km of Sydney’s second international airport at Badgerys Creek.
Easily accessible at traffic light-controlled corner intersection.
Strategic retail location on 6-lane Great Western Highway with Colyton High and Oxley Park Public Schools both within 500 metres* and Federation Forest Reserve sports ground within 1 km*.
Established suburb within booming Penrith region.
Well-presented 165 sqm* convenience retail store, attached canopy, automatic car wash and 12 on-site car spaces.
Landlord-favourable, Net lease terms, 7-Eleven pay all rates, building and public liability insurances*.
IMPORTANT: 7-Eleven owns, maintains, repairs and replaces all fuel tanks*, equipment plus site remediation.
Rent: $158,165 pa
To be sold by Investment Portfolio Auction at 50 Margaret Street, Sydney from 10.30am AEDT noon on Wednesday 30 October.
14 other 7-Eleven freehold investments also available.
Contact sales team for more details.
*All areas and figures approx only. All boundaries are indicative only. Rents stated are commencing rentals as per the lease. Land tax is not payable by the tenant. Replacement of fuel tanks in accordance with provisions in the Lease. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
For more details, please email agent