SOLD

215 Campbell Road, Canning Vale

Overview

Address	215 Campbell Road, Canning Vale
Region	Metro South
Land Area	2,751 square metres
Building Area	190 square metres (NLA) over two levels
Sale Price	$5,750,000.00
Zoning	"Residential Development" under the City of Gosnells (Convenience Store Approved)
Method of Sale	Off Market

Description

Vend Property is pleased to confirm this standalone 7-Eleven fuel station development in Canning Vale, Western Australia was sold off market to a private investor on behalf of the Vendor.

The property was completed in October 2016 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 4.0% fixed increases throughout the lease.
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.