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63 Princes Highway
Albion Park Rail NSW 2527
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Sold on 29 Mar 2022

63 Princes Highway Albion Park Rail NSW 2527

  • Shop & Retail
  • 1 m²
  • Sold

Trophy 7-Eleven Convenience Retail Investment

    + 15 year corporate lease to 7-Eleven to 2031 plus options to 2046.
    + Guaranteed rental growth - highly desirable fixed 3% annual rent increases.
    + 7-Eleven is Australia's #1 convenience retailer with over 700 stores & revenue of $3.4 Billion.
    + Substantial 3,541sqm site with direct exposure and access to the busy Princes Highway.
    + Extensive convenience retail store built new in 2017.
    + As new improvements offering significant depreciation benefits.
    + Landlord-favourable, net lease terms with 7-Eleven responsible for all rates, building and public liability insurances, repair/maintenance and site remediation.
    + First class location in Albion Park Rail surrounded by leading national tenants; Taco Bell, Oporto, Subway and Zone Bowling all within 100 metres*.
    + Future development plans surrounding the site leading to further growth with Albion Park Rail core commercial precinct.
    + Albion Park Rail is part of the City of Shellharbour LGA with a population of over 74,000 people.
    + Net Income: $335,110* pa + GST.

    For Sale by Auction
    Tuesday 29 March 10.30am (AEDT)
    Yallamundi Rooms, Sydney Opera House

    AUCTION

    Auction date and time29/03/2022 10:30
    Auction locationYallamundi Rooms, Sydney Opera House

    Property Highlights

    Date Sold29 Mar 2022
    Floor Area1 m²
    Land Area3,541 m²
    ParkingAsk Agent
    Property ID2017637736
    Category
    Last updated  30 Mar 2022
    Map for 63 Princes Highway Albion Park Rail NSW 2527

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    Property Highlights

    Date Sold29 Mar 2022
    Floor Area1 m²
    Land Area3,541 m²
    ParkingAsk Agent
    Property ID2017637736
    Category
    Last updated  30 Mar 2022
    Level 20, 150 Lonsdale Street Melbourne VIC 3000

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