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434-438 Stenner Street Toowoomba QLD 4350

  • Retail
  • 183 m²
  • Commercial Auction

As New 7-Eleven Retail Investment - Booming Toowoomba Location

  • 15 year lease to 7-Eleven to 2032 + op
  • Fixed annual 3% rent increases
  • Significant depreciation benefits

+ Near New 15 year lease direct to 7-Eleven to 2032 plus options to 2049
+ Guaranteed rent growth 3% annual rent increases
+ Tenant pays all usual outgoings as per the lease excluding Land Tax
+ 7-Eleven: Australias #1 convenience retailer with over 700 locations and 38% market share
+ High profile 1,738 sqm corner site with 77 metres of combined frontage and high exposure to one of Toowoombas main arterials Stenner Street
+ As new improvements constructed 2017 providing significant depreciation benefits
+ Ideally position within close proximity to University of Southern Queensland campus and South Darling Heights State School
+ Strategic location less than 1km from Toowoombas large format retail and shopping hub, national retailers including Woolworths, Coles, Kmart, ALDI, Harvey Norman, Anaconda and Spotlight
+ Toowoomba: Australias second largest inland city after Canberra located 125 kilometres west of Brisbane, a true gateway position at the junction of the Warrego, New England and Gore Highways which allows direct connectivity to Melbourne, Sydney, Brisbane and Darwin. Total trade catchment approximately 160,000.
+ Rent: $298,187 pa

Auction 11am AEDT Wednesday 11 December
Crown Casino, Melbourne, VIC

AUCTION

Auction date and time11/12/2019 11:00
Auction locationCrown Casino, Melbourne

Property Highlights

Property ID2015870543
Floor Area183 m²
Land Area1,738 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  9 Dec 2019
Map for 434-438 Stenner Street Toowoomba QLD 4350
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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