Description

Vend Property is pleased to confirm this standalone 7-Eleven fuel station development in Canning Vale, Western Australia was sold off market to a private investor on behalf of the Vendor. 

The property was completed in October 2016 with a brand new fifteen (15) year lease to one of Australia’s largest private companies, 7-Eleven Stores Pty Ltd.

 Key Investment Considerations

• Anchored by fifteen (15) year lease to 7-Eleven Stores Pty Ltd.

• Guaranteed Growth: Annual 4.0% fixed increases throughout the lease.

• Net Lease: Lessee pays Single Holding Land Tax, Council Rates, Water Rates and Lessor Insurance.

• Excellent location near existing critical mass of commercial uses and strong residential population.

• Located in an established commercial precinct with strong underlying land values.

• Significant taxation depreciation benefits.

Please contact Vend Property for further information.