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Cushman & Wakefield - PERTH

7-Eleven & Chicken Treat, 51 Tiffany Centre Dalyellup, WA 6230

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7-Eleven & Chicken Treat, 51 Tiffany Centre,
Dalyellup, WA 6230

Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail

Price information

Sold

$6,940,000

Key property information

Land area

Floor area

Property extent

Tenure type

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Cushman & Wakefield - PERTH
Ben Younger
Nick Charlton

Cushman & Wakefield - PERTH

Level 14, 225 St Georges Terrace
PERTH, WA 6000
Cushman & Wakefield - PERTH
7-Eleven & Chicken Treat, 51 Tiffany Centre
Dalyellup, WA 6230

Map of 7-Eleven & Chicken Treat, 51 Tiffany Centre

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Brand New Convenience Retail and Fast-Food Freehold Investment

  • Long 12 and 10 year net leases
  • 66% of year 1 rent potentially tax free
  • High profile 3,704sqm* landholding
Cushman & Wakefield together with Burgess Rawson are pleased to offer to the market 51 Tiffany Centre, Dalyellup (Bunbury) WA for sale via Expressions of Interest.

The property has the following key highlights:

+ Brand new, purpose-built state-of-the-art convenience retail and fast-food freehold investment.
+ Long 12 & 10 year net leases plus options to global and national retail giants.
+ 7-Eleven: AUS #1 convenience retailer with 760+ stores, recently purchased for $1.71B* by 7-Eleven International LLC with 46,000+ sites globally. (1)
+ Chicken Treat: rapidly growing fast-food brand wholly owned by QSR giant Craveable Brands, who also own Red Rooster and Oporto with 600+ locations. (2)
+ Investor preferred net lease terms, with tenants paying all outgoings including land tax.
+ Guaranteed income growth via fixed 3% & 2.7% annual rent increases.
+ Immaculate 7-Eleven plus freestanding Chicken Treat restaurant with dual lane drive-thru.
+ 2024 construction completion providing significant depreciation benefits.
+ High profile 3,704sqm* freehold landholding with 178 metre* triple frontage.
+ Important 28 on-title sealed and lined car spaces.
+ Prime town centre position opposite Woolworths, McDonald's, KFC and Coles (under construction).
+ Benefits from Dalyellup Beach Estate which will house 11,000 residents upon project completion. (3)
+ Bunbury: WA's second largest city and economic hub of south-west region.
+ Greater Bunbury: booming region with population forecast to increase to 213,000 by 2026. (4)
+ Net Income: $460,370pa* + GST

For Sale via Expressions of Interest:
Closing 3:00pm (AWST) Tuesday 12 November 2024

*Approx
1. 7-Eleven
2. Craveable Brands
3. Satterley
4. Forecast.id


Cushman & Wakefield agents
Ben Younger - 0410 533 6...
Nick Charlton - 0467 399 6...

Burgess Rawson agents
Beau Coulter - 0413 893 898
Yosh Mendis - 0434 413 1...
Jamie Perlinger - 0413 860 315

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Property ID: 504702992Last Updated: 19 Dec 2024

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