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496 Pacific Highway
Killara NSW 2071
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Sold on 21 Feb 2023

496 Pacific Highway Killara NSW 2071

  • Shop & Retail
  • 1 m²
  • Sold

One of Sydney's Best Convenience Retail Investments | Landmark 3,526sqm* Inner Sydney Freehold

    Burgess Rawson is pleased to offer to market the 7-Eleven located at 496 Pacific Highway, Killara NSW for sale via our Investment Auction Portfolio 158.

    The property has the following investment highlights:

    + Brand new ten (10) year net lease to 7-Eleven, plus two (2) further five (5) year options to 2043
    + Annual fixed compounding 3% rent increases, ensuring income growth
    + Landlord-favourable, net lease terms with tenant responsible for all usual outgoings excluding land tax
    + High profile 3,526sqm* land rich site with 60m* of frontage to the Pacific Highway, servicing 50,000* vehicles passing daily
    + 7-Eleven: Australia's #1 convenience retailer with over 700 stores and accounting for approximately 38% market share
    + 7-Eleven owns, maintains, repairs, and replaces all fuel tanks, equipment and is also responsible for site remediation
    + Rare and highly sought after metropolitan Sydney convenience retail investment
    + Killara: highly sought-after affluent North Shore suburb of Sydney located 10km from the CBD, with a median house price of $4,050,000
    + Prime location within 2km of major retailers, including Bunnings, KFC, McDonald's, Woolworths, Australia Post and Harris Farm Markets
    + Ku-ring-gai Council: prestigious municipality with population forecast to surge 20% by 2041
    + Net Income: $297,167 pa* + GST

    For Sale by Investment Portfolio Auction
    10:30am (AEDT) Tuesday 21 February 2023
    Sydney Opera House

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *approx.

    AUCTION

    Auction date and time21/02/2023 10:30
    Auction locationYallamundi Rooms, Sydney Opera House
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold21 Feb 2023
    Floor Area1 m²
    Land Area3,526 m²
    ParkingAsk Agent
    Property ID2018311933
    Category
    Last updated  22 Feb 2023
    Map for 496 Pacific Highway Killara NSW 2071

    Nearest transport* to 496 Pacific Highway Killara NSW 2071

    Bus
    Train
    Pacific Hwy Before Fiddens Wharf Rd44 m
    Pacific Hwy After Killara Av61 m
    Pacific Hwy At Treatts Rd169 m
    Pacific Hwy At Stanhope Rd233 m
    This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
    *Within a 4km radius
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    nbn® Fibre to the Curb (FTTC) is available in this property
    Max wholesale speed tier available: nbn® Fibre to the Curb
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold21 Feb 2023
    Floor Area1 m²
    Land Area3,526 m²
    ParkingAsk Agent
    Property ID2018311933
    Category
    Last updated  22 Feb 2023

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188
    Jamie Perlinger
    Burgess Rawson VIC Pty Ltd
    Call
    0413 860 315

    More about 496 Pacific Highway Killara NSW 2071

    496 Pacific Highway Killara NSW 2071 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 3,526 m². The listing ID for this property is 2018311933.

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