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135 Union Street
Lismore NSW 2480
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Sold on 7 Aug 2024

135 Union Street Lismore NSW 2480

  • Shop & Retail
  • 1 m²
  • Sold

Brand New Freestanding 7-Eleven Investment - New 12 Year Lease to 2036

    Burgess Rawson & Colliers are pleased to offer to the market 7-Eleven South Lismore (Northern NSW) for sale via our Investment Auction Portfolio 170.

    The property has the following investment highlights:

    + Brand new 12 year lease to 2036 + options to 2056
    + 7-Eleven: Australia's #1 convenience retailer with 760+ stores, recently purchased for $1.71B by 7-Eleven International LLC with 46,000 sites globally
    + Compounding fixed 3% annual rent reviews ensuring long term income growth
    + Tenant responsible for all usual outgoings as per the lease including property management
    + Brand new 2024 construction offering maximum depreciation benefits
    + Purpose built 7-Eleven with latest specification design
    + Prime roundabout 1,898 sqm* corner landholding with over 95m* of combined frontage to Elliot Road & Bruxner Highway
    + Ideal central location within close proximity to national tenants Woolworths, Aldi, Officeworks & Dan Murphy's
    + South Lismore: strategic Northern Rivers Region location with population expected to grow by over 12% through 2041, located 40 km* to Byron Bay & 38 km* to Ballina Byron Airport
    + Net Income: $335,000 pa* + GST

    To be sold by Investment Portfolio Auction
    10:30am AEST Tuesday 6 August 2024
    Yallamundi Rooms, Sydney Opera House

    Please contact the exclusively appointed sales team for more information

    *Approx

    AUCTION

    Auction date and time06/08/2024 10:30
    Auction locationYallamundi Rooms, Sydney Opera House
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold7 Aug 2024
    Floor Area1 m²
    Land Area1,898 m²
    ParkingAsk Agent
    Property ID2019272369
    Category
    Last updated  12 Aug 2024
    Map for 135 Union Street Lismore NSW 2480

    Nearest transport* to 135 Union Street Lismore NSW 2480

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    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold7 Aug 2024
    Floor Area1 m²
    Land Area1,898 m²
    ParkingAsk Agent
    Property ID2019272369
    Category
    Last updated  12 Aug 2024

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188
    Geoff Sinclair
    Burgess Rawson Sydney
    Call
    0451 462 759
    Nick Wedge
    Colliers International Brisbane
    Call
    0421 988 505
    Hunter Higgins
    Colliers International Brisbane
    Call
    0406 997 936

    More about 135 Union Street Lismore NSW 2480

    135 Union Street Lismore NSW 2480 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 1,898 m². The listing ID for this property is 2019272369.

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