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High-Profile Sydney 7-Eleven Freehold Investment

151 Prospect Highway, SEVEN HILLS NSW, 2147

Sold

Property Sold in 151 Prospect Highway, SEVEN HILLS NSW, 2147

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

  • Profile placeholder
  • Rhys Parker
Listing ID:
11362822
Status:
Sold
Price:
Price on request
Last Updated:
28/11/2019
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Property Type

Retail/Showrooms/Bulky Goods/Industrial/Warehouse
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Land Area

1739 SQM
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Floor Area

340 SQM
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Parking

N/A

High-Profile Sydney 7-Eleven Freehold Investment

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.

High-exposure 1,739 sqm* highway site, fronting the important 5-way intersection of Prospect Hill Road, Station Road, Johnson Avenue and Seven Hills Road.

Total combined frontage of over 95 metres* and 44,000 vehicles passing daily***.

Train Station with 1,315 car spaces, Woolworths, Aldi, Bunnings, McDonald’s, M7 and M2 Motorways and major industrial and logistics hub all within 2.5km*.

Seven Hills, an integral part of Blacktown City, with forecast population growth of 37% by 2036*.

Large 270 sqm* convenience retail store plus workshop, attached dual canopies and 11 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: $147,215 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.

***RMS 2019

**profile.id

*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

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

  • Profile placeholder
  • Rhys Parker

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