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2 Chinner Crescent Melba ACT 2615

  • Retail
  • 527 m²
  • Commercial Auction

Prestigious Belconnen 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.
    Well located metro Canberra investment 10km north west of the CBD.
    Prominent 1,967 sqm* site with large and secure rear yard.
    Easy access and 54 metre* frontage to Kingsford Smith Drive, an important suburban arterial.
    Busy convenience precinct, supported by IGA, liquor store, restaurants and local hall.
    Booming Growing Belconnen region forecast population growth of 59% by 2058**.
    Estimated net rent: $152,042 pa*.

    To be sold at the Final 7-Eleven sale-and-leaseback portfolio auction at AuctionWorks, 50 Margaret Street, Sydney from 10.30am AEDT on Tuesday 25 February 2020.
    17 other 7-Eleven freehold investments also available.
    Contact sales team for more details.

    **Treasury ACT & ABS
    *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 10:30
    Auction locationAuctionWorks, 50 Margaret Street, Sydney

    Property Highlights

    Property ID2016016535
    Floor Area527 m²
    Land Area1,967 m²
    ParkingOn site parking available
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  31 Jan 2020
    Map for 2 Chinner Crescent Melba ACT 2615
    Map for 2 Chinner Crescent Melba ACT 26152 Chinner Crescent Melba ACT 2615
    Burgess Rawson & Associates
    Level 7, 140 Bourke Street Melbourne VIC 3000

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