611-615 Forest Road Bexley NSW 2207

"7-Eleven Service Station on Corner Block with High Exposure"

Richardson & Wrench Marrickville are proud to present to the market an extremely secure investment opportunity located on one of the prominent arterial roads operating within the St.George area and leased to the blue chip corporate entity 7-Eleven.

Features include :
- Long term commercial lease with until 2027 with options to 2042.
- Current tenant 7-Eleven Stores Pty Limited Australias leading independent fuel retailer and third largest private company.
- Highly advantageous corner block with two street frontages (including Mimosa Street) on approximately 1924 square metres.
- Gateway to Hurstville Westfields Shopping Centre & train station, KFC, McDonalds and M5 Motorway entrance near by.
- The Service Station comprises four separate bowsers, a convenience retail store plus workshop, attached roof canopies and nine on-site customer car spaces.
- Gross Income $230,287.52 per annum + GST (as at September 2020) with fixed annual increases of 4% every 31st October.
- All Outgoing paid by tenant EXCLUDING LAND TAX
- Land Tax Taxable Value - $2,030,000 (as at January 2020)
- 7-Eleven Pty Limited have a license to operate in Australia with the United States based 7 Eleven Inc. who operate more than 51,000 stores globally.
- They operate over 550 sites and more than 700 convenience stores nationally conducting more than 228 million transactions annually which generate sales in excess of $3.6 billion.

Public Auction on Tuesday 29th September 2020 at 10.30am at Auctionworks Mezzanine Level, 50 Margaret Street Sydney NSW 2000

Enquiries :
Aris Dendrinos - 0412 465 567
R & W Marrickville - 02 9518 1655