Thriving Western Sydney 7-Eleven Freehold Investment
15-19 Aspen Street, South Penrith NSW
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.
Thriving retail location adjacent to Dan Murphy’s and KFC.
Significant 4,421 sqm* landholding just off prominent The Northern Road, a critical Western Sydney arterial currently undergoing $1.6 billion upgrade**.
Strategic location with Nepean Hospital, Western Sydney University (Kingswood Campus), M4 Western Motorway ramps, Jamison High School, York Public School, Kingswood High School, Kingswood South Public School, Montgrove College, Penrith Christian School and Orchard Hills Public School all within 1.5 km.
Outstanding exposure with over 40,000 vehicles passing daily**.
Estimated net rent: $191,222 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.
*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.
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