Brand new 12 year lease to 7-Eleven to 2031 plus options to 2051.
Guaranteed rental growth with annual fixed 3% rent increases.
7-Eleven is Australia’s #1 convenience retailer with over 700 stores and 38% market share.
High-profile 2,701 sqm* corner site at gateway to the main retail and commercial area (Group Centre) of Holt within the Belconnen District, 14 km* north west of the Canberra CBD.
Supported in the immediate vicinity by McDonald’s and Kippax Fair Shopping Centre including Aldi, Woolworths and 400 car spaces*.
High-growth location, local house prices up 64% year-on-year from 2018**.
Modern 154 sqm* convenience retail store with single canopy plus automatic car wash and on-site car spaces.
Landlord-favourable, Net lease terms, 7-Eleven pay all rates, building and public liability insurances*.
IMPORTANT: 7-Eleven owns, maintains, repairs and replaces all fuel tanks*, equipment plus site remediation.
Rent: $243,331 pa

To be sold by Investment Portfolio Auction at 50 Margaret Street, Sydney from 10.30am AEDT noon on Wednesday 30 October. Local bidding available in Canberra.
14 other 7-Eleven freehold investments also available.
Contact sales team for more details.

**Allhomes
*All areas and figures approx only. All boundaries are indicative only. Rents stated are commencing rentals as per the lease. Land tax is not payable by the tenant. 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.