CRS Property is pleased to present this exceptional investment opportunity via Expression of Interest, closing Friday, 27th June at 3:00pm.
Strategically positioned in one of Melbourne's fastest-growing municipalities-Hume City-this rare, trophy asset offers secure income underpinned by two globally recognised brands: Starbucks and 7-Eleven.
The Key highlights of the opportunity include:
• Modern, freestanding drive-thru restaurant with premium fit-out and on-site carparking spaces.
• Fully leased to Starbucks - the world's largest coffee chain with 32,000+ stores across 80+ countries and 2024 global revenue of $36.2 billion
• 10 + 5 + 5 + 5 + 5 year lease commencing May 2018
• Estimated net annual income of $240,196 per annum + GST + statutory outgoings
• Anchored by adjoining 7-Eleven petrol station and convenience store
• High-profile corner location at Barry Rd & Pascoe Vale Rd, approx. 17 km from Melbourne CBD
• Prime location surrounded by major retail hubs including Roxburgh Village, Broadmeadows Central and Campbellfield Plaza
• Strong exposure to high traffic volumes and close proximity to Melbourne Airport
• Hume City Council, this is the fifth largest and seventh fastest growth area across Victoria, with forecasted population by 2046 to grow by almost 150,000 people.
This is a premium retail freehold investment offering long-term income security and strong tenant covenant, ideally suited to institutional and private investors alike.
Expressions of Interest closing Friday, 27th June at 3:00pm
For further information or to arrange an inspection, please contact the exclusive selling agents:
Lou Montalti
0488 553 455
lou@crsproperty.com.au
Ross Mercorillo
0418 227 354
ross@crsproperty.com.au