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63 Princes Highway, ALBION PARK RAIL, NSW, 2527

+8 Photos

+10 Photos

SOLD

63 Princes Highway, ALBION PARK RAIL, NSW, 2527

Properties / Sold / New South Wales / Albion Park Rail

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

3,541 m² (*approx)

Floor Area

1 m² (*approx)

Property Type

Retail, Other

Sub-type

Mixed Use

Terms

15 year corporate lease to 2031

Fully Leased

7-Eleven

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2. Property Highlights

Trophy 7-Eleven Convenience Retail Investment

15 year lease to 7-Eleven to 2031
Fixed 3% annual rent increases
Significant 3,541sqm Princes Highway

+ 15 year corporate lease to 7-Eleven to 2031 plus options to 2046.

+ Guaranteed rental growth - highly desirable fixed 3% annual rent increases.

+ 7-Eleven is Australia’s #1 convenience retailer with over 700 stores & revenue of $3.4 Billion.

+ Substantial 3,541sqm site with direct exposure and access to the busy Princes Highway.

+ Extensive convenience retail store built new in 2017.

+ As new improvements offering significant depreciation benefits.

+ Landlord-favourable, net lease terms with 7-Eleven responsible for all rates, building and public liability insurances, repair/maintenance and site remediation.

+ First class location in Albion Park Rail surrounded by leading national tenants; Taco Bell, Oporto, Subway and Zone Bowling all within 100 metres*.

+ Future development plans surrounding the site leading to further growth with Albion Park Rail core commercial precinct.

+ Albion Park Rail is part of the City of Shellharbour LGA with a population of over 74,000 people.

+ Net Income: $335,110* pa + GST.

For Sale by Auction

Tuesday 29 March 10.30am (AEDT)

Yallamundi Rooms, Sydney Opera House

Remember to mention you found this property on CommercialReady.com.au

Property Type

Retail, Other

Sub-type

Mixed Use

Tenant

7-Eleven

Terms

15 year corporate lease to 2031

Land Area

3,541 m² (*approx)

Floor Area

1 m² (*approx)

Selling Method

Auction

Auction Date

29 Mar 2022 10:30AM

Add to calendar

Selling Details

Price on Request

2. Property Highlights

Trophy 7-Eleven Convenience Retail Investment

15 year lease to 7-Eleven to 2031
Fixed 3% annual rent increases
Significant 3,541sqm Princes Highway

+ 15 year corporate lease to 7-Eleven to 2031 plus options to 2046.

+ Guaranteed rental growth - highly desirable fixed 3% annual rent increases.

+ 7-Eleven is Australia’s #1 convenience retailer with over 700 stores & revenue of $3.4 Billion.

+ Substantial 3,541sqm site with direct exposure and access to the busy Princes Highway.

+ Extensive convenience retail store built new in 2017.

+ As new improvements offering significant depreciation benefits.

+ Landlord-favourable, net lease terms with 7-Eleven responsible for all rates, building and public liability insurances, repair/maintenance and site remediation.

+ First class location in Albion Park Rail surrounded by leading national tenants; Taco Bell, Oporto, Subway and Zone Bowling all within 100 metres*.

+ Future development plans surrounding the site leading to further growth with Albion Park Rail core commercial precinct.

+ Albion Park Rail is part of the City of Shellharbour LGA with a population of over 74,000 people.

+ Net Income: $335,110* pa + GST.

For Sale by Auction

Tuesday 29 March 10.30am (AEDT)

Yallamundi Rooms, Sydney Opera House

Remember to mention you found this property on CommercialReady.com.au

Tenanted Investment