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7-Eleven and Oporto 1016 Cranbourne-Frankston Road Cranbourne, VIC 3977

Sold

7-Eleven and Oporto 1016 Cranbourne-Frankston Road Cranbourne, VIC 3977

Shop & Retail
Sold Price

Contact Agent

Land area

0.42ha (1.05 acres)

Floor area

4240.0m²

Tenure type

Tenanted Investment

Sold on

28 May 2019

BRAND NEW 7-ELEVEN SERVICE STATION & OPORTO RESTAURANT

  • Secure 15 year net lease
  • High exposure corner site of 4,240sqm*
  • Net income of $503,060 per annum*
OVERVIEW

+ Brand new 7- Eleven Service Station & Oporto plus 1 specialty shops in the heart of the major growth corridor of Melbourne’s east, Cranbourne

+ Secure 15 year net lease to 7-Eleven Stores Pty Ltd & 10 year net lease to Oporto

+ High exposure corner site of 4,240sqm* adjacent McDonald's, The Amstel Club & a new childcare centre

+ Significant tax saving depreciation benefits with brand new build in May 2018

+ Positioned to benefit from the massive growth in Cranbourne and the Canopy at Amstel masterplan community being developed by Brown Property Group to include 200+ new homes

+ Net Annual income of $503,060 per annum*, with fixed annual increases


For further information contact the exclusive selling agents:

Joseph Du Rieu
0408 892 976

Kevin Tong
0422 848 818

Mark Wizel
0409 809 868

Property ID: 502996666Last Updated: 28 May 2019

7-Eleven and Oporto 1016 Cranbourne-Frankston Road
Cranbourne, VIC 3977

Agency contacts

CBRE - Victoria

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CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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Mark Wizel
CBRE - Victoria
7-Eleven and Oporto 1016 Cranbourne-Frankston Road Cranbourne, VIC 3977

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

Kind Regards,

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