Opportunities to purchase strategic freeholds of this calibre are rare. Offering the perfect Service Station investment package for any passive investor looking for stable, long term income growth; or, the property strategist looking to acquire a property in a prime location that will enjoy strong income/capital growth coupled with long term redevelopment upside.
This property boasts highly desirable features including:
• 15-year lease commencing February 2012
• Current rental of $204,973* p.a. + GST
• Annual rental growth of 3.5%
• Market review February 2022
• Further 5-year option
• 7-Eleven is responsible for all outgoings (except land tax)
• Strategic corner position to major thoroughfares
• Exceptionally positioned property offering long term redevelopment within an affluent Eastern suburb