7-Eleven + Fast Food Anchored Brisbane Investment | High Exposure 2,378sqm* Landholding
Description
CBRE is pleased to offer to the market 7-Eleven and Hammerichs Coffee Everton Hills, located at 1001-1003 South Pine Road, Everton Hills (Brisbane) QLD 4053 for sale via Investment Portfolio Auction 182.
The opportunity has the following investment highlights:
+ Long fifteen (15) year net lease to 7-Eleven to 2032, with one (1) further seven (7) year option and two (2) further five (5) year options to 2049
+ Anchored by 7-Eleven, Australia’s leading convenience brand with over 760 stores nationally, recently acquired for $1.71 billion by 7-Eleven International LLC
+ Seven & I Holdings: Tokyo-based global retail giant, parent company of 7-Eleven, 84,000 stores worldwide, market cap of $53.2 billion AUD (5.2 tn JPY)
+ Supported by an additional standalone drive-thru, Hammerichs Coffee is a Queensland-based coffee chain with five new locations
+ Fixed, compounding 3% and 4% annual reviews across both leases
+ Both tenancies operate under net leases with tenants responsible for 100% of outgoings, including management fees
+ Expansive 2,378sqm* site with 86.6m* of frontage to South Pine Road, a major arterial that connects the northern suburbs of Brisbane to the CBD
+ 81,467* motor vehicles and a $135.9 million spending on fuel pa* within a 5km* radius, underpinning the tenants strong trade
+ Within the Everton Hills industrial precinct & and 1km* from Arana Hills Plaza, anchored by Kmart, Coles, Aldi, Hungry Jacks, Guzman Y Gomez & supported by 23 specialty retailers
+ Everton Hills: highly sought after Morton Bay suburb 8km* from the Brisbane CBD with median house price standing at approximately $1,145,000, reflecting an annual capital growth of 15.5%
+ City of Moreton Bay: Australia’s third largest LGA by population, forecast to grow to over 796,000 by 2046⁵ and currently generates $19.9 billion in gross regional product supported by over 158,800 local jobs
+ Net Income: $560,365 pa* + GST
To be sold by Investment Portfolio Auction
10:30am (AEDT) Tuesday 26 February 2025
Level 3, Waterfront Place, Brisbane
Please contact the exclusively appointed sales team for more information.
*Approx
Enquire
Contact agents
Josh Scapolan Senior Sales Executive
0484 229 829
Yosh Mendis Head of Agency | Partner
0434 413 188
Tom Lawrence Sales Executive
0428 626 117Enquiry Form
Everton Hills, QLD
1001-1003 South Pine Road
For Sale by Portfolio Auction
This property is part of Portfolio 182
Price: Contact Agent
Contact agents
-
Josh Scapolan Senior Sales Executive
0484 229 829 -
Yosh Mendis Head of Agency | Partner
0434 413 188 -
Tom Lawrence Sales Executive
0428 626 117