Property Details
Wilsonton, QLD
Purchased
Off Market
Purchase Price
$5,135,000
Net Yield
~6%
Asset Class
Service Station
Property Details
Marking their second acquisition with us in just three months, Costi Cohen has secured this modern freehold 7-Eleven investment within Toowoomba’s evolving retail precinct.
Constructed in 2023 by Hutchinson Builders with fibreglass tanks, the corner site gains exposure to over 18,500 vehicles daily. The property is secured by a 12-year lease with further options extending to 2055 and the tenant responsible for 100% of outgoings, delivering a net yield of c.6%. Limited comparable transactions of this calibre across the board, underlining the rarity of this offering.
Positioned adjacent to the recently refurbished Wilsonton Shopping Centre and surrounded by national retailers (GYG, Petbarn and Coles), the asset forms part of a dominant retail hub servicing a trade area of approximately 43,000+ residents.