Stonebridge is pleased to present ‘7-Eleven Townsville’ for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

– Secure 12 year net lease to 2035 plus options to 2055, with fixed 3% annual rent increases

– Head company lease to 7-Eleven – Trophy convenience retailer owned by Tokyo-listed Seven & I Holdings ($56Bn* market cap), with global network of 85,000+ stores

– Impressive 2,233 sqm* corner site with exceptional exposure, boasting 90m+* prominent dual street frontage & seamless access via signalised intersection

– Ideal convenience retail location along key arterial Bowen Road (25,925 vehicles daily), just 3.5 km* from Townsville City along a high traffic inbound route

– Newly constructed in 2023, providing outstanding depreciation benefits, latest underground infrastructure and brand new tanks

– Strategically positioned 2.5 km* from Lavarack Barracks, Australia’s largest Defence Force base and Townsville’s biggest single employer, accommodating 5,500+ full time personnel

– Located nearby Townsville Shopping Centre, dominant regional shopping centre home to 205* stores including, Myer, Woolworths, Big W and JB Hi-Fi

– Part of important retail & services precinct, home to national tenants including Coles, Bunnings, Officeworks, Dan Murphy’s, Petbarn, Hungry Jack’s, KFC & McDonald’s

– Townsville – The ‘Army Capital’ of Australia and North Queensland’s largest city with dynamic $25Bn* economy, and population forecast to reach 324,000+ by 2041

– Net Lease – Tenant pays usual outgoings as per lease including Management Fees, Insurance, Rates, Services and General Repairs & Maintenance

– Net Income $354,632 pa* + GST

‘7-Eleven Townsville’ is for sale via Immediate Offers to Purchase.

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

*Approximately

Property Code: 1404