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Burgess Rawson Canberra - KINGSTON

7-Eleven, 3 Glassey Place Spence, ACT 2615

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7-Eleven, 3 Glassey Place,
Spence, ACT 2615

Shop & Retail • Showrooms & Bulky Goods • Warehouse, Factory & Industrial

Price information

Sale - Auction

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$139,915
Number of Tenants
1 Tenant
Tenants / Type
7-Eleven
Burgess Rawson Canberra - KINGSTON
7-Eleven, 3 Glassey Place
Spence, ACT 2615
Burgess Rawson Canberra - KINGSTON
Steve Burke

Burgess Rawson Canberra - KINGSTON

152/41 Eastlake Parade
KINGSTON, ACT 2604

Map of 7-Eleven, 3 Glassey Place

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Immaculate Canberra 7-Eleven Freehold Investment

  • Brand new 12 year lease to 7-Eleven
  • Large site with combined 128 m frontage
  • Fast growing Belconnen region
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.
Popular convenience precinct 11 km north west of Canberra CBD, directly opposite shopping centre with independent supermarket, bakery, butcher, pharmacy, physio and 38 car spaces.
Large 1,936 sqm* site, immaculately presented with over 128 metres* of combined frontage.
Strategic location just off Kingsford Smith Drive, close proximity to Spence Oval, Mount Rogers Reserve and Taqwa School.
Affordable price point in fast growing Belconnen region with forecast population growth of 59% by 2058**.
Estimated net rent: $139,915 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.

**Treasury ACT & ABS
*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.

Property ID: 503443550Last Updated: 24 Feb 2020

Agency contacts

Burgess Rawson Canberra - KINGSTON
Burgess Rawson Canberra - KINGSTON
152/41 Eastlake Parade
KINGSTON, ACT 2604
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Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
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Steve Burke

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Steve Burke
Burgess Rawson Canberra - KINGSTON
7-Eleven, 3 Glassey Place Spence, ACT 2615

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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