Burgess Rawson is pleased to offer to the market 7-Eleven Kedron located at 485 Gympie Road, Kedron (Brisbane) QLD for sale via Private Treaty. This opportunity has the following key investment highlights: + Brand new 12 year net lease to 2036 plus options to 2056 + 7-Eleven: Australia’s #1 convenience retailer with 760+ stores, recently purchased for $1.71B by 7-Eleven International LLC with 46,000 sites globally + Fixed 3% annual rent increases ensuring long term compounding income growth + Highly desirable lease structure, 7-Eleven pays all usual outgoings including council rates, water rates, insurances, general repairs and maintenance + Brand new 2024 construction, offering maximum depreciation benefits + Immaculate freestanding state-of-the-art convenience retail facility expertly built by nationally renowned Hutchinson Builders and designed by award winning architect Cottee Parker + High profile 1,838sqm main road corner landholding underpinned by high underlying land value + Expansive frontage to key arterial Gympie road that sees over 455,000^ vehicles pass the site weekly + Exceptional inner city retail corridor with Westfield, Coles, ALDI, Bunnings, JB Hi-Fi, KFC, Starbucks, Toyota & Hungry Jack’s all within 2km* + Kedron: highly desirable inner city suburb, only 8km* to the bustling Brisbane CBD. Median house price in Kedron has increased by over 20% in the last 12 months with household income over 26% higher than the state average. + Net Income: $390,259 pa* + GST To be sold via Private Treaty Also available as part of Burgess Rawson's Portfolio. - Starbucks, Kedron (Brisbane) Please contact the exclusively appointed sales team for more information. ^GapMaps
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street, Melbourne, Vic
Burgess Rawson - Brisbane
Level 13, 241 Adelaide Street, Brisbane-City, Qld
Inmueble ID: 504668848