|Last Updated Date||26 Jun 2020|
- Brand new 7-Eleven anchored convenience centre
- Fully leased with a centre WALE of 12.07yrs (by income) anchored by 7-Eleven on a 15yr lease and supported by four specialties
- Tenants pay all outgoings (excluding land tax)
- Expansive 5,637sqm site on the corner of a high profile signalised intersection in Doolandella
- Directly adjoins and shares access with McDonald’s Doolandella
- Rent reviews of greater than CPI for all tenants
- Built in 2019 offering substantial depreciation benefits
- Perfect location for convenience retail with massive surrounding growing population density - 47Ha of residential development underway within 2km* of the site
- Net income of $533,545 per annum*
For Sale via Expressions of Interest closing Thursday 9 April 2020 at 4pm.
Dominant Position - Dominant position with a large 80 metre* frontage to Blunder Road - a main arterial road with six lanes of traffic and over 140,000 cars weekly.
Development Hotspot - Central to an intense development hotspot with over 47 hectares of residential development currently under construction within two kilometres.
New Generation Asset - Recently constructed in 2019, the Centre provides significant depreciation benefits and a tax-effective income stream.