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1 London Drive
Wyong NSW 2259
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Sold on 28 Mar 2023

1 London Drive Wyong NSW 2259

  • Shop & Retail
  • 1 m²
  • Sold

Strong Performing 7-Eleven on Pacific Hwy | Neighbouring McDonald's

    Burgess Rawson is pleased to offer to market the 7-Eleven located at 1 London Dr (cnr Pacific Hwy), Wyong NSW for sale via our Investment Auction Portfolio 159.

    The property has the following investment highlights:

    + Fifteen (15) year lease to 2029 to 7-Eleven plus options to 2044
    + Annual fixed compounding 3.5% rent increases, ensuring income growth
    + Landlord-favourable, net lease terms with tenant responsible for all usual outgoings excluding land tax
    + 7-Eleven: Australia's #1 convenience retailer with over 700 stores and accounting for approximately 38% market share
    + Purpose built facility in 2014 - equipped with modern fuel infrastructure including fiberglass tanks
    + Massive 3,204sqm* Pacific Highway site with 110 metre* corner frontage
    + Highly accessible - positioned on main intersection accessed by all surrounding arterials
    + Large volumes of passing traffic daily, directly adjacent to McDonald's drive thru restaurant.
    + Landmark location surrounded by major brands & amenities including Coles & Woolworths Supermarkets, Wyong Public/ Tuggerah Lakes Private Hospital
    + Central Coast: Population forecast to grow to 415,355 people by 2036.
    + Net Income: $375,433 pa* + GST

    For Sale by Investment Portfolio Auction
    10:30am (AEDT) Tuesday 28 March 2023
    Sydney Opera House

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *approx
    ^realestate.com
    > Forecast Id

    AUCTION

    Auction date and time28/03/2023 10:30
    Auction locationYallamundi Rooms, Sydney Opera House

    Property Highlights

    Date Sold28 Mar 2023
    Floor Area1 m²
    Land Area3,204 m²
    ParkingAsk Agent
    Property ID2018388109
    Category
    Last updated  29 Mar 2023
    Map for 1 London Drive Wyong NSW 2259

    Nearest transport* to 1 London Drive Wyong NSW 2259

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    Property Highlights

    Date Sold28 Mar 2023
    Floor Area1 m²
    Land Area3,204 m²
    ParkingAsk Agent
    Property ID2018388109
    Category
    Last updated  29 Mar 2023

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188
    Darren Beehag
    Burgess Rawson Sydney
    Call
    0411 226 223

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