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7-Eleven, 83B Purnell Road, Corio, Vic 3214

7-Eleven, 83B Purnell Road, Corio, Vic 3214

Retail Showrooms/Bulky Goods Industrial/Warehouse

  • Sold Contact Agent
  • Tue 25-Feb-20

Unique Geelong 7-Eleven Freehold Investment

  • Brand new 12 year lease to 7-Eleven
  • Site integrated with Shopping Centre
  • Forecast 57% local population growth

  • Land Area
  • 2361.00 m² (approx)
  • Floor Area
  • 377 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • May 03, 2021

Additional Details


Interested in this property? Contact an Agent today

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street

Melbourne Vic 3000

Billy Holderhead, Burgess Rawson - Melbourne
Billy Holderhead
Scott Meighan, Burgess Rawson - Melbourne
Scott Meighan
Jamie Perlinger, Burgess Rawson - Melbourne
Jamie Perlinger

Unique Geelong 7-Eleven Freehold Investment

Brand new 12 year lease to 7-Eleven to 2032 plus options to 2052.
Guaranteed rental growth with annual, fixed, compounding 3% rent increases.
7-Eleven is Australia’s #1 convenience retailer with over 700 stores and approximately 38% market share.
Unique 2,361 sqm corner site integrated with the recently transacted $101 million* Corio Village Shopping Centre, attracting 5.6 million customers annually**.
Strategic convenience location with St Francis Xavier School, Northern Bay College and Recreation Reserve within 500 metres* and over 17,000 vehicles passing daily***.
8km north of Geelong CBD.
Northern Geelong is a high-growth region, with forecast population growth of 57% by 2041****.
Estimated net rent: $160,245 pa*.

To be sold at the Final 7-Eleven sale-and-leaseback portfolio auction at Crown Casino from 1:00pm AEDT on Tuesday 25 February 2020.
17 other 7-Eleven freehold investments also available.
Contact sales team for more details.

**Vicinity Centres
***VicRoads
****forecast.id
*All areas and figures approx only. All boundaries are indicative only. Rents stated are estimated net annual rentals based on

7-Eleven, 83B Purnell Road, Corio, Vic 3214

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