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Brand New 12 Year Lease to 7-Eleven in Western Sydney

3 Metella Road, TOONGABBIE NSW, 2146

Sold

Property Sold in 3 Metella Road, TOONGABBIE NSW, 2146

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

  • Profile placeholder
  • Rhys Parker
Listing ID:
11362821
Status:
Sold
Price:
Price on request
Last Updated:
13/12/2019
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Property Type

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

2030 SQM
Icon size

Floor Area

227 SQM
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Parking

N/A

Brand New 12 Year Lease to 7-Eleven in Western Sydney

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.
Highly visible 2,030 sqm* corner site fronting Cornelia Road, a key link between Toongabbie and Seven Hills.
Long term future residential development potential (STCA).
Toongabbie CBD, Train Station, Woolworths and Toongabbie Christian College within 450 metres*.
Suburban location in Western Sydney, the fastest growing region in NSW.
Upgraded 227 sqm* convenience retail store, single canopy with 10 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: $148,432 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

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

  • Profile placeholder
  • Rhys Parker

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