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7 Eleven, 15 Minmi Road, Wallsend
Newcastle NSW 2300
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Stonebridge Property Group

7 Eleven, 15 Minmi Road, Wallsend Newcastle NSW 2300

  • Shop & Retail
  • 250 m²
  • For Sale, Contact the Stonebridge Team

High Profile Freestanding 7-Eleven Investment Secure 15 Year Net Lease

  • Fixed 4% Annual Rent Increases
  • 1,548 sqm* Site Boasting 40 m+ Frontage
  • 7-Eleven - 720+ Locations Nationally

Stonebridge Property Group is pleased to present 7-Eleven Wallsend (Newcastle) for sale via Expressions of Interest closing Thursday 7th March at 3pm (AEDT).

The asset has the following key investment features:

- Secure 15 year net lease to 2031 plus options to 2041, with fixed 4% annual rent increases

- Head company lease to 7-Eleven Trophy convenience retailer sold for $1.7 billion to listed Tokyo-based 'Seven & I Holdings', joining network of 83,000+ locations

- High profile 1,548 sqm* site, featuring 8 carparks and 40+ metres street frontage to key arterial Minmi Road

- Modern, freestanding convenience retail offering built 2016, offering excellent depreciation benefits

- Strategic convenience retail location at point of connection to greater Newcastle and major residential growth areas Wallsend, Fletcher, Maryland, Jesmond, Birmingham Gardens and Elermore Vale

- Ideal position nearby key retail and employment hubs including Bunnings, Coles Fletcher and Wallsend Village Shopping Centre

- Newcastle Booming $50 billion* economic powerhouse just 2 hours from Sydney, driven by world's largest coal port and Australia's top ranking regional university, The University of Newcastle

- Hunter Region NSW's second largest growth centre, set to host 863,131+ residents by 2041

- Net Lease structure Tenant pays usual outgoings as per lease and is responsible for full site remediation

- Net Income $388,200 pa* + GST

7-Eleven Wallsend (Newcastle) is for sale via Expressions of Interest closing Thursday 7th March at 3pm (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 828

Property Highlights

Floor Area250 m²
Land Area1,548 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019026408
Category
Last updated  2 Feb 2024
Map for 7 Eleven, 15 Minmi Road, Wallsend Newcastle NSW 2300

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Property Highlights

Floor Area250 m²
Land Area1,548 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019026408
Category
Last updated  2 Feb 2024
Level 7, Martin Place Sydney NSW 2000

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