68 Molong Road Orange NSW 2800 Orange

$5,250,000
Property type: Retail/Office

The space

  • Land Size: 2076 M 2
  • Year Built: 2020

Description

Long-term Tenants |Promising Opportunity |Attractive Rental Returns

🌳Discover Orange
– Immerse yourself in the rich agricultural town of Orange, home to over 44,000 residents and growing!
– A sought-after destination for tourists, enhancing the appeal of your investment now and in future.

Seize this golden opportunity to be part of a flourishing venture with a world-renowned brand.
Contact us today to secure your stake in the future of convenience and guaranteed returns.

Explore the Future of Convenience with Our Exclusive Offer:

🌟 Booming Fuel & Convenience Trophy | Approx. 6% rental returns | 15 Year Lease with 3% Annual Rent Increases

🚀 Important Information:
– Prime location with a substantial approx. 2,076sqm* site and an impressive approx. 48m highway frontage
– State-Of-The-Art 7-Eleven, built new in 2020, Enjoy significant depreciation benefits
– Currently tenanted with 15-year lease, extending to 2035, with options available until 2055.
– Guaranteed rental growth with fixed 3% annual increases
– Net Rent: $360,162.82* per annum + GST (as at Apr-24) – Approx. 6% Rental Yield

Tenant Profile
7-Eleven is a prominent and trusted convenience store chain in Australia, boasting a widespread presence with over 750 locations across the country. As a global leader in fuel and convenience, 7-Eleven is recognised for its state-of-the-art facilities and commitment to providing customers with 24/7 access to a wide range of products and services.

The company operates on a solid foundation, offering investors the assurance of a blue-chip petrol station investment. With a modern approach and a focus on customer convenience, 7-Eleven has secured a strong position in the Australian market. The company’s success is underscored by its strategic locations, substantial site areas, and impressive highway frontages.

DISCLAIMER: Thank You Real Estate, its directors, employees, and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended, or implied. Any interested parties should rely on their own inquiries. Photos used for marketing purposes may have been digitally enhanced and virtually staged. Cancellation or change of open home inspections can occasionally occur due to unforeseen circumstances, so long as you are registered in our system, you will be notified via email/SMS. For auction sale properties, prior offers are welcomed, talk to the team for more details.

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Key Details

Land Size: 2076sqm

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