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76 Gartside Street Wanniassa ACT 2903

  • Retail
  • 738 m²
  • Commercial Auction

Blue-Chip Canberra 7-Eleven Freehold Investment

    Brand new 12 year lease to 7-Eleven to 2032 plus options to 2052.
    Guaranteed rental growth with annual, fixed, compounding 3% rent increases.
    7-Eleven is Australias #1 convenience retailer with over 700 stores and approximately 38% market share.
    Large, irreplaceable 3,378 sqm* site with combined, triple-street frontage of over 130 metres*.
    Landmark site at one of the most important roundabouts in southern Canberra and the Erindale/Wanniassa town centre.
    High-volume convenience retail location surrounded by McDonalds, Erindale Vikings Club (8,000 athletes and players across 41 different sports and activities in 51 affiliated clubs), Erindale Bus Station, Erindale Shopping Centre (anchored by Woolworths with 382 car spaces, recently sold for $39 million**), Erindale Leisure Centre, Erindale Healthcare, Erindale Business Park, Saint Mary Mackillop College and Trinity Christian School all within 1.25 km.
    Estimated net rent: $298,080 pa*.

    To be sold at the Final 7-Eleven sale-and-leaseback portfolio auction at AuctionWorks, 50 Margaret Street, Sydney from 10.30am AEDT on Tuesday 25 February 2020.
    17 other 7-Eleven freehold investments also available.
    Contact sales team for more details.

    *All areas and figures approx only. All boundaries are indicative only. Rents stated are estimated net annual rentals based on commencing rentals in the lease and where relevant land tax information held at the date of preparing this document. Replacement of fuel tanks in accordance with provisions in the Lease. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

    Auction date and time25/02/2020 10:30
    Auction locationAuctionWorks, 50 Margaret Street, Sydney

    Property Highlights

    Property ID2016016537
    Floor Area738 m²
    Land Area3,378 m²
    ParkingOn site parking available
    Annual ReturnAsk Agent
    Last updated  28 Jan 2020
    Map for 76 Gartside Street Wanniassa ACT 2903
    Map for 76 Gartside Street Wanniassa ACT 290376 Gartside Street Wanniassa ACT 2903
    Burgess Rawson & Associates
    Level 7, 140 Bourke Street Melbourne VIC 3000

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