Flagship 7 Eleven – St Kilda Road – Investment

  • $2,490,000/Contact Agent

Property Description

Stonebridge Property Group is pleased to present for sale 7-Eleven, 519-539 St Kilda Road, Melbourne.

The key highlights of the opportunity include:

– Positioned on the corner of St Kilda and Commercial Road, boasting 22 m* of combine frontage exposed to 42,000+* vehicles daily

– Secured by a 6-year fixed lease to 2025 with fixed CPI annual rental increases and options to 2043

– The trophy corner has unparalleled exposure with 24/7 foot traffic being bookended by the Alfred Hospital, tram stops linking to the CBD, sporting facilities and the recreational parks

– 7-Eleven is a globally recognised tenant with 700+ stores in Australia and employs over 9,000 Australians

– “7-Eleven plans to open at least another five stores in Victoria over the next 12-18 months” – 7-Eleven

– Rare and highly valuable addition of 3 car parks included

– The St Kilda Road Boulevard is anchored by the Alfred Hospital and over 650,000 sqm* of total office space. The 3004 postcode also boasts Art, Parks, the under construction ANZAC Station and the Shrine of Remembrance

*Approximate

7-Eleven, 519-539 St Kilda Road, Melbourne is offered for sale via Public On-Site Auction Wednesday 8th June 2022 at 12:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Rorey James
0439 400 081

Sarah Xi
0468 320 297

Property Code: 409

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