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JLL Retail Investments is privileged to present the rare opportunity to purchase 7-Eleven Altona, a modern freehold investment leased to one of the world’s most recognisable retail brands, 7-Eleven.
The property is located at the entrance to Altona’s booming industrial & residential precinct – just 14kms from Melbourne’s CBD.
Investment Highlights
· Secure 15-Year lease to Australia’s largest petrol and convenience retailer in Australia, 7-Eleven
· Attractive net lease structure with fixed 3% annual rental increases
· Current passing income $332,712* p.a. + GST
· Modern service station providing potential depreciation benefits
· Highly exposed 3,631* sqm corner landholding within rapidly evolving western industrial precinct
· Immediate value add & income uplift through development of additional retail shops (STCA)
7-Eleven Altona is For Sale by Expressions of Interest closing 4.00pm (AEST) Thursday 1st of June 2023.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Jarrod Herscu | 0418 155 062
Tom Noonan | 0402 319 698
MingXuan Li | 0498 688 998
*Approx
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