7-Eleven Kings Park, 1 Kings Road, Kings Park, VIC 3021_Property for Sale
7-Eleven Kings Park, 1 Kings Road, Kings Park, VIC 3021_Property for Sale
1 Kings Road, Kings Park, VIC, 3021, AU

7-Eleven Kings Park, 1 Kings Road, Kings Park, VIC 3021

Asset Description

JLL Retail Investments has the exclusive privilege of offering an extremely rare, entry-level, metro Melbourne service station investment with a head office lease to 7-Eleven Australia. The property is located on the corner of Kings Road and Main Road West with a combined estimated 44,000+ daily passing vehicles.

 

7-Eleven Kings Park is strategically located approximately 19 kilometres (30 minutes) north-west of the Melbourne CBD and approximately 10 kilometres from the Melbourne Airport.

 

The service station is located in the heart of the west’s major expansion which is forecasted to have the highest population growth in all of Melbourne, 2.5% p.a. compounding until 2036 which equates to an additional 482,643* people.

 

Key details of the opportunity include:

+ 10 Year NET Lease expiring 31st October 2028

+ Head Office Lease to 7-Eleven Australia

+ All outgoings excluding Land Tax are recoverable from the tenant

+ Estimated Net Income of $173,868 + GST

+ Corner site with estimated 44,000 daily passing vehicles.

+ Only 19km* from the Melbourne CBD.

 

7-Eleven Kings Park is available for sale via public on-site auction on Thursday 16th November 2023 at 12:00pm (AEDT)

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

 

Jarrod Herscu | 0418 155 062

Tom Noonan | 0402 319 698

MingXuan Li | 0498 688 998

Dominic McGrath| 0416 440 525

...

Attributes

Occupancy
1%

Media

Investment Highlights

  • Head Office Lease to 7-Eleven Australia
  • 44,000* Daily Passing Vehicles
  • 10 Year Lease Expiring 2028 


7-Eleven Kings Park, 1 Kings Road, Kings Park, VIC 3021 4_Property for Sale
7-Eleven Kings Park, 1 Kings Road, Kings Park, VIC 3021 4_Property for Sale

Contact brokers

7-Eleven Kings Park, 1 Kings Road, Kings Park, VIC 3021 (0 Properties)

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Last updated
19 Nov 2023