SOLD

Brand new 12 year lease to 7-Eleven to 2032 plus options to 2052.
Guaranteed rental growth with annual, fixed, compounding 3% rent increases.
7-Eleven is Australia’s #1 convenience retailer with over 700 stores and approximately 38% market share.
Prime 1,877 sqm* corner site with 48 metre* Richmond Road frontage and 36,000 vehicles passing daily**.
Strong retail position adjacent to the Plumpton Hotel and Cellarbrations.
Prime location with M7 Westlink ramps, Hungry Jack’s, Red Rooster, Glendenning Public School, William Dean Public School, Glendenning Industrial Park and Richmond Road Family Medical Practice all within 1.25 km.
Local region set to benefit from significant residential infill development in nearby Marsden Park.
Strong population growth, forecast to jump by 18% by 2036***.
Estimated net rent: $216,658 pa*.

To be sold at the Final 7-Eleven sale-and-leaseback portfolio auction at AuctionWorks, 50 Margaret Street, Sydney from 10.30am AEDT on Tuesday 25 February 2020.
17 other 7-Eleven freehold investments also available.
Contact sales team for more details.

**RMS
***forecast.id
*All areas and figures approx only. All boundaries are indicative only. Rents stated are estimated net annual rentals based on commencing rentals in the lease and where relevant land tax information held at the date of preparing this document. Replacement of fuel tanks in accordance with provisions in the Lease. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.