Stonebridge is pleased to present ‘7-Eleven Park Ridge (Brisbane)’ for sale via Expressions of Interest closing Thursday 17 October at 3pm (AEDT).
The asset has the following key investment features:
- 7-Eleven - Secure 12 year net lease to 2032 plus options to 2052, with fixed 3% annual rent increases
- 7-Eleven – Trophy convenience retailer sold for $1.7Bn to Tokyo-listed ‘Seven & I Holdings’, joining global network of 83,000+ stores
- Fully leased Brisbane convenience retail centre anchored by 7-Eleven and supported by successful specialty retail tenants
- Substantial 3,496 sqm* corner site with 34 car parks and dual street access
- Highly exposed position with 90 metres* direct frontage to Green Road, a major local arterial providing access to Mt Lindesay Highway (39,506+ vehicles daily)
- Modern improvements newly built in 2020 providing significant deprecation benefits and latest underground fuel infrastructure
- Strategic position directly adjoining recently completed 42 lot residential development plus an additional $448 million+ of surrounding commercial & residential development planned or underway in Park Ridge
- Park Ridge – Only 23 km* to CBD, part of Greater Logan LGA, population forecast to grow 43% and exceed 500,000 residents by 2036, supported by a $14.36 billion* economy
- Brisbane – Booming capital city and economic engine of the $409 billion* Queensland economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents
- Net Income $541,261 pa* + GST (as at January 2025)
*Approximately
‘7-Eleven Park Ridge (Brisbane)’ is for sale via Expressions of Interest closing Thursday 17 October at 3pm (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.
Property Code: 1069