Corner Heidelberg Road & Yarralea Street,
Alphington, VIC 3078
Shops & Retail
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SOLD - FREESTANDING 7-ELEVEN INVESTMENT OR DEVELOPMENT OPPORTUNITY
- SECURE AND LONGSTANDING NATIONAL TENANT
- STRATEGIC 1,133 SQM* CORNER LAND HOLDING
- MAJOR FUTURE DEVELOPMENT UPSIDE
Highly secure retail investment leased to 7-Eleven (World's largest convenience retailer with 56,600 stores worldwide)*
Strategic and highly exposed 1,133 sqm corner landholding, adjoining the strong trading Dan Murphy's store (currently being upgraded) and within the sought after suburb of Alphington (Median house price $1.085 million)
Major future development upside, particularly given the neighbouring Amcor Site (16.5 hectare development expected to house up to 4,800 residents) and surrounding building height being achieved
Five (5) year net lease to 2019, with NO options for the tenant to renew
Passing net income of $177,000 per annum* with fixed 4% annual rental increases
THE PROPERTY HAS BEEN SOLD - TO ACCESS A SALES ANALYSIS PLEASE EMAIL THE BELOW.
Rorey James
+61 439 400 081
Justin Dowers
+61 438 098 805
Mark Wizel
+61 409 809 868
Kevin Tong
+61 422 848 818
Strategic and highly exposed 1,133 sqm corner landholding, adjoining the strong trading Dan Murphy's store (currently being upgraded) and within the sought after suburb of Alphington (Median house price $1.085 million)
Major future development upside, particularly given the neighbouring Amcor Site (16.5 hectare development expected to house up to 4,800 residents) and surrounding building height being achieved
Five (5) year net lease to 2019, with NO options for the tenant to renew
Passing net income of $177,000 per annum* with fixed 4% annual rental increases
THE PROPERTY HAS BEEN SOLD - TO ACCESS A SALES ANALYSIS PLEASE EMAIL THE BELOW.
Rorey James
+61 439 400 081
Justin Dowers
+61 438 098 805
Mark Wizel
+61 409 809 868
Kevin Tong
+61 422 848 818
Property ID: 501720009Last Updated: 3 Oct 2023
03 8621 33...
Corner Heidelberg Road & Yarralea Street
Alphington, VIC 3078
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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