Burgess Rawson are pleased to offer to market the 7-Eleven at 2 Rail Circuit (Cnr Black Forest Road), Mambourin (Werribee) VIC to be sold via Investment Portfolio Auction. This property has the following investment highlights: + New Thirteen (13) year lease to 7-Eleven to November 2037 plus options to 2057. + 7 Eleven: Australia’s #1 convenience retailer with 760+ stores, recently purchased for $1.71B by 7-Eleven International LLC, operating 46,000+ sites. + 2024 construction, providing significant tax saving depreciation benefits. + Key 2,028sqm freehold corner landholding offering state-of-the-art construction built to the latest 7-Eleven corporate standards. + Compounding, fixed 3% annual rent increases, providing certain rental growth. + Tenant pays usual outgoings, excluding land tax. + Ideal retail position, enveloped by upcoming McDonald’s, KFC and the ‘Mambourin Marketplace’ anchored by Coles, incorporating 25 specialty retailers, future medical precinct, cafés and restaurants. + Benefit from surrounding master planned precincts in development by major property developers, Peet, Frasers, Stockland and Oreana. + ‘Mambourin Estate’ and ‘Cornerstone Estate’, expected to deliver 3,100+ homes** along with important public infrastructure, the new Mambourin train station, Good News Lutheran College (1,500 students), local community and business district, public parks and more. + Defensive essential service investment. + Wyndham City: one of Australia’s fastest growing regions with population forecast to grow 46% by 2046 to 488,606 people.*** + Net Income: $353,100 pa* + GST For sale via Investment Portfolio Auction 174 10:30am AEDT, Wednesday 19 February 2025 River Room - Crown Casino, Melbourne VIC * Approx ** Openlot *** Forecast.id
Email enquiry to Burgess Rawson - Melbourne
Properti ID: 504772132