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.
Substantial 6,667 sqm* landmark site with 208 metre* frontage to 34,000 vehicles daily** on the Great Western Highway.
Busy convenience retail location with McDonald’s, Rooty Hill Leisure Centre, Minchinbury Public School, Minchinbury Hometown, Minchinbury Fruit Market, Minchinbury Oval and major logistics park (ALDI, Woolworths, Star Track) within 1km.
Located within the City of Blacktown with forecast population increase of 135,170 new residents by 2036***.
Estimated net rent: $272,994 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
***Penrith City Council Community Profile 2018
*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.