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412-416 Maitland Road
Mayfield West NSW 2304
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Sold on 25 Feb 2020

412-416 Maitland Road Mayfield West NSW 2304

  • Shop & Retail
  • 555 m²
  • Sold

Pacific 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.
Prominent 2,362 sqm* corner site with 65 metre* frontage to the Pacific Highway retail corridor, also home to McDonalds, KFC, Woolworths and ALDI, all within 1.5 km.
Other nearby amenities include Calvary Mater Hospital, CSIRO Energy Centre, University of Newcastle (23,000+ enrolments**), Mayfield West Public School, Waratah Station and the iconic Moly-Cop/Comsteel Waratah plant (600 employees***) all within 2 km.
NSWs second largest city benefiting from significant Government investment and forecast 21% population growth by 2041****.
Estimated net rent: $147,182 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.

**University of Newcastle
***Newcastle Herald
****forecast.id
*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 location412-416 Maitland Road, Mayfield West NSW
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold25 Feb 2020
Floor Area555 m²
Land Area2,362 m²
ParkingAsk Agent
Property ID2016016538
Category
Last updated  28 Feb 2020
Map for 412-416 Maitland Road Mayfield West NSW 2304

Nearest transport* to 412-416 Maitland Road Mayfield West NSW 2304

Bus
Train
Maitland Rd At Norris Av80 m
Maud St Opp Basil St113 m
Maitland Rd After Werribi St124 m
Werribi St At Buruda St137 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold25 Feb 2020
Floor Area555 m²
Land Area2,362 m²
ParkingAsk Agent
Property ID2016016538
Category
Last updated  28 Feb 2020

Co-Agents

Billy Holderhead
Billy Holderhead
Burgess Rawson VIC Pty Ltd
Call
0422 817 696
Kieran Bourke
Kieran Bourke
Burgess Rawson Sydney
Call
0417 418 007
Simon Staddon
Simon Staddon
Burgess Rawson Sydney
Call
0413 640 851
Jamie Perlinger
Jamie Perlinger
Burgess Rawson VIC Pty Ltd
Call
0413 860 315

More about 412-416 Maitland Road Mayfield West NSW 2304

412-416 Maitland Road Mayfield West NSW 2304 is categorized as Shop & Retail Property. It has a floor area of 555 m² and a land area of 2,362 m². The listing ID for this property is 2016016538.

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