HIGH PERFORMING 7-ELEVEN FUEL & CONVENIENCE CENTRE
Elders Commercial Brisbane are pleased to present to market for sale 689 New Cleveland Road, Gumdale. The 2,336m² site is anchored by 7-Eleven Australia, the nation’s largest convenience and independent fuel retailer, and features an impressive 99-metre frontage and the asset benefits from strong surrounding retail amenity and daily convenience-driven traffic.
- Long term, Fifteen (15) year net lease providing 3.75% annual rent increases
- Secure lease till 2029 plus options to 2044
- Anchored by 7/Eleven Australia’s #1 convenience retailer
- Substantial 2,336sqm corner site
- Impressive convenience retail asset with built in sales counter, console, refrigeration units and stock displays
- 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.
- Attractive Net lease structure
- Current Net Income $433,010 pa + GST
This property is for sale via Expressions of Interest - Closing Tuesday 24th February 4:00pm AEST, unless sold prior.
For more information or to arrange a private inspection, please contact the exclusive Elders Commercial Agents today
- Suburb Gumdale
- Property Type Retail
- Car Spaces 9
- Area 2336 m2
- Status For Sale
- Property ID 8589882
