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As New 7-Eleven Retail Investment - Booming Toowoomba Loc...

434-438 Stenner Street, TOOWOOMBA QLD, 4350

Sold

Property Sold in 434-438 Stenner Street, TOOWOOMBA QLD, 4350

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

  • Profile placeholder
  • Doug Doyle
Listing ID:
11368681
Status:
Sold
Price:
Price on request
Last Updated:
22/01/2020
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Property Type

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

1738 SQM
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Floor Area

183 SQM
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Parking

N/A

As New 7-Eleven Retail Investment - Booming Toowoomba Location

+ Near New 15 year lease direct to 7-Eleven to 2032 plus options to 2049
+ Guaranteed rent growth – 3% annual rent increases
+ Tenant pays all usual outgoings as per the lease – excluding Land Tax
+ 7-Eleven: Australia’s #1 convenience retailer with over 700 locations and 38% market share
+ High profile 1,738 sqm corner site with 77 metres of combined frontage and high exposure to one of Toowoomba’s main arterials – Stenner Street
+ As new improvements constructed 2017 providing significant depreciation benefits
+ Ideally position within close proximity to University of Southern Queensland campus and South Darling Heights State School
+ Strategic location less than 1km from Toowoomba’s large format retail and shopping hub, national retailers including Woolworths, Coles, Kmart, ALDI, Harvey Norman, Anaconda and Spotlight
+ Toowoomba: Australia’s second largest inland city after Canberra located 125 kilometres west of Brisbane, a true gateway position at the junction of the Warrego, New England and Gore Highway’s which allows direct connectivity to Melbourne, Sydney, Brisbane and Darwin. Total trade catchment approximately 160,000.
+ Rent: $298,187 pa

Auction 11am AEDT Wednesday 11 December
Crown Casino, Melbourne, VIC

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

  • Profile placeholder
  • Doug Doyle

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