7 Eleven, 309-315 Murray Street, Colac

MODERN CONVENIENCE RETAIL ASSET – LONG 12 YEAR NET LEASE TO 2032

Jones Real Estate, in conjunction with Stonebridge Property Group are pleased to present 7-Eleven Colac For Sale.

A modern tenanted investment situated in the expanding regional township of Colac, Victoria.

– Strategic 3,075 sqm* landholding with 60m* frontage to Murray Street, future proofed by highly esteemed covenant, existing residential catchment and future development of the surrounding Colac Otway Shire.

– 7-Eleven – Australia’s #1 convenience retailer with over 750 stores nationwide.

– 12-year lease to 7-Eleven expiring in 2032 plus 4 x5 year options to 2052.

– Net income $306,857* – with favourable CPI increases and 50% stamp duty savings.

– High profile CBD location directly opposite Repco and within 1.2km* of Bunnings, Coles, Woolworths, ALDI, Kmart, Cheap as Chips, Reece Plumbing, PETstock, Bulla Dairy Foods, McDonald’s and KFC. Adjacent to Autobarn.

– Exceptionally positioned on the corner of major arterial Murray Street & Scott Street with 14,500* vehicles passing East and West bound daily.

7-Eleven Colac (Victoria) is For Sale via Expressions of Interest closing on Thursday 7th March 2024 at 3pm (AEDT).

*Approx.
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For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.