Stonebridge is pleased to present 7-Eleven Tingalpa (Brisbane) for sale via Expressions of Interest closing Thursday 17 October at 3pm (AEDT).

The asset has the following key investment features:

• Secure 15 year net lease to 2032 + options to 2052 with fixed 3% annual rent increases
• 7-Eleven – Trophy convenience retailer owned by Tokyo-listed Seven & I Holdings ($52Bn* market cap), operator of global network exceeding 83,000+ stores
• Unrivalled convenience retail location boasting significant exposure to Wynnum Road (39,144+ vehicles daily*), a key metro Brisbane carriageway linking the CBD with densely populated inner eastern and bayside suburbs
• Prime 2,013 sqm* corner site located at major signalised intersection, providing 90m* of dual street frontage and convenient access, plus 14 on site car parks
• Strategic position 600m* from Gateway Motorway on-ramp (104,194+ vehicles daily*), connecting the site with a nationally significant road network and trade routes
• Modern improvements newly built in 2017 providing favourable depreciation benefits and latest underground infrastructure
• Located within core Brisbane retail corridor home to a plethora of national tenants including Woolworths, Coles, Aldi, Bunnings, Kmart, McDonald’s, KFC, Guzman y Gomez, Hungry Jack’s, Petbarn, Supercheap Auto & Chemist Warehouse
• Tingalpa – Established Brisbane metro suburb only 7 km* to CBD nearby Australia TradeCoast and Port of Brisbane, characterised by significant retail amenity, thriving business and logistics activity and an affluent residential catchment
• Brisbane – Booming capital city and economic engine of the $409 billion* Qld economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents
• Net Lease – Tenant pays usual outgoings as per lease
• Net Income $402,507 pa* + GST

7-Eleven Tingalpa (Brisbane) is for sale via Expressions of Interest closing Thursday, 17 October at 3pm (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately