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SOLD - East Maitland - 15 Year Lease to 7-Eleven with Significant Deprecation Benefits

33-35 Melbourne Street East Maitland NSW 2323

  • 1 Custom 8
  • 2 Custom 6
  • 3 Custom 7
  • 4 Custom 5
  • 5 Custom 5
  • 6 Custom 5
For Sale Sold
Branded National Investments
Investment
Property No.

Attributes and Features

Land Area 2722 sqm
Last Updated Jul 31, 2020
Status Sold

Cushman & Wakefield is pleased to present to the market 33-35 Melbourne Street, East Maitland for Sale via Offers to Purchase.

The property has the following key characteristics:

  • 15 year lease to 2033 plus options to 2048
  • Corporate lease to 7-Eleven Stores Pty Ltd - Australia’s third largest private company with a network of over 690 convenience stores
  • Purpose built facility with modern fibre glass tanks
  • Newly constructed premises completed in 2018 offering significant depreciation benefits
  • Commanding 2,722 sqm high profile corner site positioned minutes to the New England Highway
  • Easily managed single tenant investment
  • Landlord friendly lease terms including tenant remediation clauses
  • City of Maitland - Recognised as a key growth area with a growing population current in excess of 476,600 people
  • Tenant pays all usual outgoings (as per the lease)
  • Net Income $312,543 pa + GST

For more information please contact the exclusive property professionals at Cushman & Wakefield.

SOLD - East Maitland - 15 Year Lease to 7-Eleven with Significant Deprecation Benefits33-35 Melbourne StreetEast Maitland, NSW 2323
33-35 Melbourne Street East Maitland NSW 2323