7-Eleven , 689 New Cleveland Road,
Gumdale, QLD 4154
Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
7-Eleven , 689 New Cleveland Road
Gumdale, QLD 4154
Map of 7-Eleven , 689 New Cleveland Road
Premium Freestanding Metro Brisbane 7-Eleven Investment – 3.75% Rent Increases
- Secure 15-year lease to 2029
- Forecast 230% population growth
- Annual 3.75% rent increases
+Secure 15-year net lease to 2029 plus options to 2044.
+Guaranteed growth with annual, fixed compounding 3.75% increases.
+7-Eleven: Australia’s #1 convenience retailer with over 700 stores and 38% market share.**
+Attractive net lease structure with 7-Eleven responsible for council rates, water rates, insurance and repairs and maintenance.
+Commanding 2,336 sqm corner site with combined 99 metres of frontage and exposure.
+Surrounded by important social infrastructure, including 4 schools and tertiary education facilities in a 3km radius servicing 3,000* full-time students.***
+Strategically situated opposite IGA anchored East-Side Village, boasting retail amenities including Cellarbrations, Subway, Gumdale Pharmacy, Gumdale Medical Centre and Gumdale Tavern.
+Brisbane City Council: The third largest city in Australia, with population forecast to grow 230% to 4.2 million residents by 2050.****
+Gumdale: Affluent and high capital growth suburb with median household income 100% higher than QLD’s average***** and median house price increased by 43.3% to $1,372,500 in the last 12 month. ******
+Minimum management, essential service investment.
+Estimated Net Rent: $372,283 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 23 June 2022
The Hilton - Brisbane
*approx
+Guaranteed growth with annual, fixed compounding 3.75% increases.
+7-Eleven: Australia’s #1 convenience retailer with over 700 stores and 38% market share.**
+Attractive net lease structure with 7-Eleven responsible for council rates, water rates, insurance and repairs and maintenance.
+Commanding 2,336 sqm corner site with combined 99 metres of frontage and exposure.
+Surrounded by important social infrastructure, including 4 schools and tertiary education facilities in a 3km radius servicing 3,000* full-time students.***
+Strategically situated opposite IGA anchored East-Side Village, boasting retail amenities including Cellarbrations, Subway, Gumdale Pharmacy, Gumdale Medical Centre and Gumdale Tavern.
+Brisbane City Council: The third largest city in Australia, with population forecast to grow 230% to 4.2 million residents by 2050.****
+Gumdale: Affluent and high capital growth suburb with median household income 100% higher than QLD’s average***** and median house price increased by 43.3% to $1,372,500 in the last 12 month. ******
+Minimum management, essential service investment.
+Estimated Net Rent: $372,283 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 23 June 2022
The Hilton - Brisbane
*approx
Property ID: 504076907Last Updated: 1 Aug 2023
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Burgess Rawson - BrisbaneLevel 12, 127 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
2203 Gympie Road,Bald Hills, QLD 4036 224 m²Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail