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1 London Drive, WYONG, NSW, 2259

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1 London Drive, WYONG, NSW, 2259

1 London Drive, WYONG, NSW, 2259

Properties / Sold / New South Wales / Wyong
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Price on Request
Land Area
3,204 m² (*approx)
Floor Area
1 m² (*approx)
Property Type
Retail, Land, Other
Sub-type
Service Station
Terms
Fifteen (15) year lease to 2029 plus three (3) further five (5) year options to 2044
Est. Income
$375,433 p/a
Fully Leased
7-Eleven
Show All

2. Property Highlights

Strong Performing 7-Eleven on Pacific Hwy | Neighbouring McDonald’s
  • 15 yr lease to 2029 + options to 2044
  • Landmark 3,204sqm* Corner Freehold
  • Positioned on Pacific Hwy Intersection

Burgess Rawson is pleased to offer to market the 7-Eleven located at 1 London Dr (cnr Pacific Hwy), Wyong NSW for sale via our Investment Auction Portfolio 159.

The property has the following investment highlights:

+ Fifteen (15) year lease to 2029 to 7-Eleven plus options to 2044

+ Annual fixed compounding 3.5% rent increases, ensuring income growth

+ Landlord-favourable, net lease terms with tenant responsible for all usual outgoings excluding land tax

+ 7-Eleven: Australia’s #1 convenience retailer with over 700 stores and accounting for approximately 38% market share

+ Purpose built facility in 2014 - equipped with modern fuel infrastructure including fiberglass tanks

+ Massive 3,204sqm* Pacific Highway site with 110 metre* corner frontage

+ Highly accessible - positioned on main intersection accessed by all surrounding arterials

+ Large volumes of passing traffic daily, directly adjacent to McDonald's drive thru restaurant.

+ Landmark location surrounded by major brands & amenities including Coles & Woolworths Supermarkets, Wyong Public/ Tuggerah Lakes Private Hospital

+ Central Coast: Population forecast to grow to 415,355 people by 2036.

+ Net Income: $375,433 pa* + GST

For Sale by Investment Portfolio Auction

10:30am (AEDT) Tuesday 28 March 2023

Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx

^realestate.com

> Forecast Id

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Retail, Land, Other
Sub-type
Service Station
Est. Income
$375,433 p/a
Tenant
7-Eleven
Terms
Fifteen (15) year lease to 2029 plus three (3) further five (5) year options to 2044
Land Area
3,204 m² (*approx)
Floor Area
1 m² (*approx)
Selling Method
Auction
Auction Date
28 Mar 2023 10:30AM
Selling Details
Price on Request

2. Property Highlights

Strong Performing 7-Eleven on Pacific Hwy | Neighbouring McDonald’s
  • 15 yr lease to 2029 + options to 2044
  • Landmark 3,204sqm* Corner Freehold
  • Positioned on Pacific Hwy Intersection

Burgess Rawson is pleased to offer to market the 7-Eleven located at 1 London Dr (cnr Pacific Hwy), Wyong NSW for sale via our Investment Auction Portfolio 159.

The property has the following investment highlights:

+ Fifteen (15) year lease to 2029 to 7-Eleven plus options to 2044

+ Annual fixed compounding 3.5% rent increases, ensuring income growth

+ Landlord-favourable, net lease terms with tenant responsible for all usual outgoings excluding land tax

+ 7-Eleven: Australia’s #1 convenience retailer with over 700 stores and accounting for approximately 38% market share

+ Purpose built facility in 2014 - equipped with modern fuel infrastructure including fiberglass tanks

+ Massive 3,204sqm* Pacific Highway site with 110 metre* corner frontage

+ Highly accessible - positioned on main intersection accessed by all surrounding arterials

+ Large volumes of passing traffic daily, directly adjacent to McDonald's drive thru restaurant.

+ Landmark location surrounded by major brands & amenities including Coles & Woolworths Supermarkets, Wyong Public/ Tuggerah Lakes Private Hospital

+ Central Coast: Population forecast to grow to 415,355 people by 2036.

+ Net Income: $375,433 pa* + GST

For Sale by Investment Portfolio Auction

10:30am (AEDT) Tuesday 28 March 2023

Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx

^realestate.com

> Forecast Id

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

1 London Drive, WYONG, NSW, 2259

Property Map
1 London Drive, WYONG, NSW, 2259 Wyong
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