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481 Balfour Street, Southern River

Overview

Address 481 Balfour Street, Southern River
Region Metro South
Land Area 2,000 square metres
Building Area 195 square metres (NLA) over two levels
Asking Price Price on application
Zoning "Residential Development" under the City of Gosnells (Convenience Store Approved)
Method of Sale Private Treaty

 

Description

 

Vend Property is pleased to offer this standalone 7-Eleven fuel station development in Southern River, Western Australia for sale by Private Treaty.

The property was completed in September 2017 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 3.0% fixed increases throughout the lease with open market review at option(s). 
  • 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 or to request a copy of the Information Memorandum.

481 Balfour Street, Southern River