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7-Eleven 760-762 Barwon Heads Rd Armstrong Creek VIC 3217

  • Retail
  • 2,300 m²
  • Commercial Auction

BRAND NEW BUILDING OFFERING SIGNIFICANT TAX SAVING DEPRECIATION BENEFITS ADJACENT MCDONALD'S & WOOLWORTHS ANCHORED SHOPPING CENTRE

  • Fixed 3% Annual Increases
  • Massive Depreciation Benefits on Offer
  • Net Income of $310,000 pa*

- The only petrol station in Armstrong Creek perfectly located between McDonald's and the Woolworths anchored Village Warralily Shopping Centre

- 15 year Net Lease to 7-Eleven Stores Pty Ltd (head office) with 13 years to run and highly attractive fixed annual rent increases of 3% per annum

- High profile 2,300sqm* land holding with 50m* of frontage to Barwon Heads Road

- Massive tax saving depreciation benefits on offer through new improvements

- Warralily is one of Victoria's most sought after new housing estates with a population of 6,750 residents* and 16 further stages under construction

- Net income of $310,000 per annum*

FOR SALE VIA PUBLIC AUCTION AS PART OF THE CBRE PREMIUM PROPERTY PORTFOLIO AUCTION TO BE HELD ON 10TH OCTOBER 2019 FROM 6.00PM (AEDT) AT ZAGAME FERRARI, LEVEL 1, 430 SWAN STREET, RICHMOND, VIC

For further information please contact the exclusive sales and marketing agents:

CBRE:

Joseph Du Rieu
+61 408 892 976

Mark Wizel
+61 411 694 756

Kevin Tong
+61 422 848 818

DARCY JARMAN

Simon Jarman
+61 434 305 718

Tim Darcy
+61 418 522 523

*approx

Auction date and time10/10/2019 18:00
Auction locationLevel 1, 430 Swan Street, Richmond

Property Highlights

Property ID2015622710
Floor Area2,300 m²
Land Area2,300 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  17 Sep 2019
Map for 7-Eleven 760-762 Barwon Heads Rd Armstrong Creek VIC 3217
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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