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Burgess Rawson & Cygnet West Perth are pleased to offer to market the brand new 7-Eleven and Starbucks at 80 Key Largo Road, Clarkson (Perth) WA, to be sold via Expressions of Interest closing 21 May 2025. This property has the following key investment highlights: Brand new Twelve (12) year leases to 7-Eleven and Starbucks from November 2024 to November 2036 plus Four (4) further Five (5) year options to 2056. 7-Eleven: Australia #1 convenience retailer with 760+ stores, recently purchased for $1.71B by 7-Eleven International LLC, operating 46,000+ sites globally. Starbucks: The world’s largest coffee chain with over 38,000 stores across 80 countries with 402,000 employees globally. Highly desirable lease structure, 7-Eleven & Starbucks pay all usual outgoings including council rates, water rates, insurances and single holding land tax. Fixed 3% annual rent increases ensuring long term compounding income growth. Brand new 2024 state-of-the-art construction built to the latest 7-Eleven and Starbucks corporate standards, providing up to 32.7% tax free income. (1) Irreplaceable 4,149 sqm* corner freehold landholding with 126m* of combined frontage and exposure to 26,000 vehicles passing daily. (2) Future Upside Potential: Opportunity to subdivide into two lots, creating two freestanding assets on individual titles (STCA). Important integration and access to Woolworths anchored shopping centre. Premium retail and commercial location next to Ocean Key’s Shopping Centre anchored by Coles, Aldi and JB Hi-Fi (4.9m* visitors annually), Clarkson Shopping Centre including full line Woolworths, Bunnings Warehouse and Clarkson Lifestyle Zone, featuring The Good Guys, Supercheap Auto, Beacon Lighting and Bridgestone. (3) City of Wanneroo: Perth's northern growth corridor forecast to grow 79% to 437,000+ people by 2046. (4) Clarkson: booming commercial and residential location with over 4,200 new homes approved within a 5km radius. Net Income: $620,000 pa* + GST For Sale via Expressions of Interest Closing 3pm AWST, Wednesday 21 May 2025 *Approx (1) FY 25/26 | BMT (2) GapMaps (3) Dexus (4) Profile.Id