Retail - Shop
SOLD SOLD SOLD SOLD
Quinn Reynolds Property are pleased to present the Hampton 7-Eleven Fuel & Convenience Investment located on the prime corner of Bluff & South Road for sale by Auction on Tuesday 5 April at 12 noon on site.
Highlights of this premium, affordable investment opportunity include:
+ A rare Bayside Fuel & Convenience Investment leased to one of the world's most
recognized brands (7-Eleven) with a 20+ year tenure history at this site
+ Net Rental: $167,407 pa* (+GST) ~ all outgoings payable by tenant (except land tax)
+ Well-exposed position within one of the busiest intersections in the blue-chip Bayside suburb of Hampton (median house price $2,370,000#)
+ Fixed rental growth for the entire lease tenure (annual 3% increases)
+ Landlord-favoured lease with fuel tanks, lines and infrastructure to be maintained by the tenant in addition to regular environmental monitoring and reporting~
+ Affordable price-point and attractive yield for all buyers
This property is a perfect 'entry-level' investment or an astute addition to any savvy investor's property portfolio. It is one not to be missed as it will prove to be very hard to replicate!
FOR SALE BY AUCTION ON SITE ~ Tuesday 5 April at 12 noon
Contact the exclusive agents at Quinn Reynolds Property for an Information Memorandum and/or Contract of Sale.
* Approx.
# Source: REIV
~ Refer to lease documentation for full clause
Address on title: Shop 12, 507-533 Bluff Rd, Hampton