Skip to main content
475-477 Bell Street
Pascoe Vale South VIC 3044
SearchBack to results
Sold on 25 Feb 2020

475-477 Bell Street Pascoe Vale South VIC 3044

  • Shop & Retail
  • 366 m²
  • Sold

Bell Street Corner 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.
Established inner northern suburb, 8 km* from Melbourne CBD and 11 km* from Melbourne Airport.
Prominent site with 85 metre* frontage to traffic light-controlled intersection, including 48 metre exposure to Bell Street.
Bell Street is one of the most important arterials in Melbournes north with over 43,000 vehicles passing daily**.
Strategically located within close proximity to the Tullamarine Freeway (750 metres west*).
Significant future redevelopment potential with Residential Growth zoning allowing multi-level residential development***.
Opposite large site approved for 5-level development including 131 dwellings and 225 car spaces****.
Outstanding access provided by four 2-way crossovers.
Located in the City of Moreland forecast 33% population growth by 2036*****.
Estimated net rent: $219,733 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
***Moreland City Council
****Urban.com.au
*****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 13:00
Auction location475-477 Bell Street, Pascoe Vale South VIC
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 Area366 m²
Land Area1,866 m²
ParkingAsk Agent
Property ID2016016487
Category
Last updated  27 Feb 2020
Map for 475-477 Bell Street Pascoe Vale South VIC 3044

Nearest transport* to 475-477 Bell Street Pascoe Vale South VIC 3044

Bus
Train
Tram
Wills St/Bell St (Pascoe Vale South)81 m
Gallipoli Pde/Bell St (Pascoe Vale South)99 m
Balmoral Ave/Bell St (Pascoe Vale South)110 m
Balmoral Ave/Bell St (Pascoe Vale South)119 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
Did you find this helpful?
Yes
No
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 Area366 m²
Land Area1,866 m²
ParkingAsk Agent
Property ID2016016487
Category
Last updated  27 Feb 2020

Co-Agents

Billy Holderhead
Billy Holderhead
Burgess Rawson VIC Pty Ltd
Call
0422 817 696
Jamie Perlinger
Jamie Perlinger
Burgess Rawson VIC Pty Ltd
Call
0413 860 315
Zomart He
Zomart He
Burgess Rawson VIC Pty Ltd
Call
0488 220 830

More about 475-477 Bell Street Pascoe Vale South VIC 3044

475-477 Bell Street Pascoe Vale South VIC 3044 is categorized as Shop & Retail Property. It has a floor area of 366 m² and a land area of 1,866 m². The listing ID for this property is 2016016487.

More Shop & Retail properties for Sale in Pascoe Vale South VIC

Sold$500,000
412 bell street,pascoe vale south, VIC 3044
334 m²
Shop & Retail
Sold
416 & 416a bell street,pascoe vale south, VIC 3044
422 m²
Shop & Retail
Sold
shop 7/418 bell street,pascoe vale south, VIC 3044
209 m²
Shop & Retail