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7-Eleven 335 Pound Road (Cnr Shrives Rd)
Hampton Park VIC 3976
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7-Eleven 335 Pound Road (Cnr Shrives Rd) Hampton Park VIC 3976

  • Shop & Retail
  • 1 m²
  • For Sale, Contact Agent

7-ELEVEN FUEL & CONVENIENCE INVESTMENT IN MELBOURNE'S BOOMING SOUTH EAST GROWTH CORRIDOR

  • 10 YEAR NET LEASE TO 7-ELEVEN TO 2031
  • UNCAPPED CPI ANNUAL INCREASES
  • EXPANSIVE 5,125*SQM CORNER LANDHOLDING

CBRE Melbourne Metropolitan Sales is offering for sale 7-Eleven Hampton Park, comprising a freehold investment leased to one of the world's most recognisable fuel & retail brands.

+ 10 year lease to Australia's #1 convenience retailer, 7-Eleven Stores Pty Ltd plus options to 2036

+ Annual income $488,547* pa + GST

+ Unlimited CPI upside on annual rental increases during the term

+ Favourable net lease terms with tenant responsible for all usual outgoings excluding Land Tax

+ Securely leased to 7-Eleven Stores Pty Ltd, generating annual revenue of $453m* and operating over 750 stores Australia wide, accounting for 38%* market share in the fuel & convenience sector

+ 7-Eleven maintains, repairs and replaces all fuel tanks, equipment and is also responsible for site remediation as per the lease

+ Prominent 5,125sqm* corner landholding with a combined 230 metres* of street frontage and exposure to Pound & Shrives Roads, exposed to over 34,000*^ vehicles passing daily

+ Between The South Gippsland & Princes Highways, near multiple national retailers such as ALDI & Chemist Warehouse, this prime gateway site is in the surging City of Casey with population expected to grow by 49.23%*^^ to over 550,000*^^ people by 2041

+ In Victoria's booming south eastern corridor, evidenced by surrounding residential housing estates "Heming on Pound", "Horizon" & "181 Pound Road" set to deliver new dwellings to the immediate zone

+ Significant commercial infrastructure expenditure proposed in the immediate area with a golf course, schools, hospitals, train stations and childcare centres apart of The City of Casey's masterplan for Hampton Park

Please contact CBRE for further information.

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()

*Denotes Approx.
^Vic Roads traffic data
^^id.community

Property Highlights

Floor Area1 m²
Land Area5,125 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019136898
Category
Last updated  22 Mar 2024
Map for 7-Eleven 335 Pound Road (Cnr Shrives Rd) Hampton Park VIC 3976

Property Highlights

Floor Area1 m²
Land Area5,125 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019136898
Category
Last updated  22 Mar 2024

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