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Sold on 25 Feb 2020

1441 Burwood Highway Upwey VIC 3158

  • Shop & Retail
  • 485 m²
  • Sold

Burwood Highway 7-Eleven Freehold Investment

    Brand new 12 year lease to 7-Eleven to 2032 plus options to 2052.
    Guaranteed rental growth with annual, fixed, compounding 3% rent increases.
    7-Eleven is Australias #1 convenience retailer with over 700 stores and approximately 38% market share.
    Key 1,585 sqm* corner site on the Burwood Highway, a major east-west arterial of Melbourne.
    83 metre frontage at a prominent intersection in the suburb with 19,000 vehicles passing daily**.
    Surrounded by Upwey-Belgrave RSL, Preschool and Children's Centre, Upwey Train Station and Upwey High School.
    Upwey is a popular gateway to the Dandenong Ranges, 32 km from Melbourne.
    Estimated net rent: $193,979 pa*.

    To be sold at the Final 7-Eleven sale-and-leaseback portfolio auction at Crown Casino from 1:00pm AEDT on Tuesday 25 February 2020.
    17 other 7-Eleven freehold investments also available.
    Contact sales team for more details.

    **VicRoads
    *All areas and figures approx only. All boundaries are indicative only. Rents stated are estimated net annual rentals based on commencing rentals in the lease and where relevant land tax information held at the date of preparing this document. Replacement of fuel tanks in accordance with provisions in the Lease. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

    AUCTION

    Auction date and time25/02/2020 13:00
    Auction locationCrown Casino, Melbourne
    Billy Holderhead
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates
    Jamie Perlinger
    Burgess Rawson & Associates
    Jamie Perlinger
    Burgess Rawson & Associates
    Scott Meighan
    Burgess Rawson & Associates
    Scott Meighan
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates

    Property Highlights

    Property ID2016016529
    Date Sold25 Feb 2020
    Floor Area485 m²
    Land Area1,585 m²
    ParkingOn site parking available
    Category
    Last updated  27 Feb 2020
    Map for 1441 Burwood Highway Upwey VIC 3158
    Map for 1441 Burwood Highway Upwey VIC 31581441 Burwood Highway Upwey VIC 3158
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Billy Holderhead
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates
    Jamie Perlinger
    Burgess Rawson & Associates
    Jamie Perlinger
    Burgess Rawson & Associates
    Scott Meighan
    Burgess Rawson & Associates
    Scott Meighan
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates

    Property Highlights

    Property ID2016016529
    Date Sold25 Feb 2020
    Floor Area485 m²
    Land Area1,585 m²
    ParkingOn site parking available
    Category
    Last updated  27 Feb 2020
    Burgess Rawson & Associates
    Level 7, 140 Bourke Street Melbourne VIC 3000
    Billy Holderhead
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates
    Jamie Perlinger
    Burgess Rawson & Associates
    Jamie Perlinger
    Burgess Rawson & Associates
    Scott Meighan
    Burgess Rawson & Associates
    Scott Meighan
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates
    Zomart He
    Burgess Rawson & Associates

    Ask Billy Holderhead about this property

    Billy Holderhead

    Billy Holderhead

    Burgess Rawson & Associates

    Zomart He

    Zomart He

    Burgess Rawson & Associates

    Jamie Perlinger

    Jamie Perlinger

    Burgess Rawson & Associates

    Scott Meighan

    Scott Meighan

    Burgess Rawson & Associates

    Zomart He

    Zomart He

    Burgess Rawson & Associates

    0422 *** ***
    0422 817 696

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