Brand new 12 year lease to 7-Eleven to 2031 plus options to 2051.
Guaranteed rental growth with annual fixed 3% rent increases.
7-Eleven is Australias #1 convenience retailer with over 700 stores and 38% market share.
To be sold by Investment Portfolio Auction at 50 Margaret Street, Sydney from 10.30am AEDT noon on Wednesday 30 October.
14 other 7-Eleven freehold investments also available.
Contact sales team for more details.
*All areas and figures approx only. All boundaries are indicative only. Rents stated are commencing rentals as per the lease. Land tax is not payable by the tenant. Replacement of fuel tanks in accordance with provisions in the Lease. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
The size of Toongabbie is approximately 4.7 square kilometres. There are 28 parks, covering nearly 19.4% of the total area. The population of Toongabbie in 2016 was 14337 people. By 2021 the population was 16177 showing a population growth of 12.8% in the area during that time. The predominant age group in Toongabbie is 30-39 years. Households in Toongabbie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toongabbie work in a professional occupation.In 2021, 62.50% of the homes in Toongabbie were owner-occupied compared with 66.70% in 2016.
Toongabbie has 6,532 properties. Over the last 5 years, Houses in Toongabbie have seen a 23.00% increase in median value, while Units have seen a 11.40% increase. As at 31 July 2026:
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