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63 Princes Highway
Albion Park Rail NSW 2527
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Sold on 29 Mar 2022

63 Princes Highway Albion Park Rail NSW 2527

  • Shop & Retail
  • 1 m²
  • Sold

Trophy 7-Eleven Convenience Retail Investment

    + 15 year corporate lease to 7-Eleven to 2031 plus options to 2046.
    + Guaranteed rental growth - highly desirable fixed 3% annual rent increases.
    + 7-Eleven is Australia's #1 convenience retailer with over 700 stores & revenue of $3.4 Billion.
    + Substantial 3,541sqm site with direct exposure and access to the busy Princes Highway.
    + Extensive convenience retail store built new in 2017.
    + As new improvements offering significant depreciation benefits.
    + Landlord-favourable, net lease terms with 7-Eleven responsible for all rates, building and public liability insurances, repair/maintenance and site remediation.
    + First class location in Albion Park Rail surrounded by leading national tenants; Taco Bell, Oporto, Subway and Zone Bowling all within 100 metres*.
    + Future development plans surrounding the site leading to further growth with Albion Park Rail core commercial precinct.
    + Albion Park Rail is part of the City of Shellharbour LGA with a population of over 74,000 people.
    + Net Income: $335,110* pa + GST.

    For Sale by Auction
    Tuesday 29 March 10.30am (AEDT)
    Yallamundi Rooms, Sydney Opera House

    AUCTION

    Auction date and time29/03/2022 10:30
    Auction locationYallamundi Rooms, Sydney Opera House

    Property Highlights

    Date Sold29 Mar 2022
    Floor Area1 m²
    Land Area3,541 m²
    ParkingAsk Agent
    Property ID2017637736
    Category
    Last updated  30 Mar 2022
    Map for 63 Princes Highway Albion Park Rail NSW 2527

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    Property Highlights

    Date Sold29 Mar 2022
    Floor Area1 m²
    Land Area3,541 m²
    ParkingAsk Agent
    Property ID2017637736
    Category
    Last updated  30 Mar 2022

    Co-Agents

    Yosh Mendis
    Burgess Rawson VIC Pty Ltd
    Call
    0434 413 188
    Matthew Wright
    Matthew Wright
    Burgess Rawson VIC Pty Ltd
    Call
    0458 290 588
    Geoff Sinclair
    Burgess Rawson Sydney
    Call
    0451 462 759

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