+ Secure 15-year net lease to 2033 plus options to 2053.
+ 7-Eleven: Australia's #1 convenience retailer with over 700 stores and accounting for approximately 38% market share.*
+ Attractive net lease structure with 7-Eleven responsible for council rates, water rates, insurance and repairs and maintenance.
+ Fixed, annual compounding 3% increases.
+As new freehold convenience retail asset built 2018, offering significant deprecation benefits
+ Strategic 1,911sqm* corner site with 84* metres of frontage to Ferrier Street and busy Anzac Avenue, with exposure to over 19,000+ vehicles passing daily.**
+ Prime location surrounded by Hungry Jacks(next door), KFC, McDonalds, Aldi & Woolworths Supermarkets, plus a new residential apartment complex to the rear.
+ Surrounded by important social infrastructure, including 13 schools in a 3km radius servicing a combined 8,249 full-time students.**
+ Moreton Bay City Council: 3rd largest LGA in Australia by population, which is forecast to grow more than 45% to 697,186 by 2041.***
+ Located 24km from Brisbane CBD, the City Council has an economy half the size of Tasmania, which is expected to surge to $40 billion, with 100,000 new jobs by 2040.***
+ Kallangur: A booming residential growth location with the local population forecast to grow by more than 41% by 2041.***
+ Minimum management, essential service investment.
+ Net income: $338,484* pa + GST
To be sold by Investment Portfolio Auction:
10:30am AEST
Thursday 16 December 2021
Hilton, Brisbane
*7-Eleven.com.au
**Gapmaps
***Moretonbay.qld.gov.au
****Statedevelopment.qld.gov.au
*All areas and figuresapproxonly. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
