7-Elevens sell at 2% yields

JLL is pleased to announce the sales by Public Auctions of the 7-Elevens at St Kilda and Box Hill for a total sale price of $18,200,000 more than double the vendor’s reserve.

Both 7-Elevens were offered with brand new 15 year leases that incorporated   4% annual increases and the lessee paying all outgoings (except land tax).

For more information in respect to these sales, or should you wish to discuss your property further, please contact:

Stephen Bolton – 0419 323 997

Stephen.bolton@ap.jll.com