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CBRE - Victoria

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

For Sale - Auction Thu 29 Nov

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

Shop & Retail
Sale Price

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Land area

0.42ha (1.05 acres)

Floor area

4240.0m²

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$510,000
Number of Tenants
2 Tenants

Auction -

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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*

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 Sale Via Public Auction as part of the CBRE Premium Property Portfolio Auction to be held on November 29th 2018 from 6.00pm (AEDT) at Zagame Ferrari Head Office, Level 1, 430 Swan Street Richmond, Vic

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: 16 Nov 2018

CBRE - Victoria
7-Eleven and Oporto 1016 Cranbourne-Frankston Road
Cranbourne, VIC 3977
Joseph Du Rieu
Kevin Tong
Mark Wizel

CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

Agency contacts

CBRE - Victoria

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CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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Joseph Du Rieu

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Joseph Du Rieu
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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