Convenience Store
Metro
Stonebridge
Sold
7-Eleven Kedron
493 Gympie Road, Kedron, QLD 4031
Property Description
7-Eleven Kedron is a Convenience Store property located in Kedron, QLD that was sold for $7,700,000 on 11 Jul 2025, with the transaction facilitated by Stonebridge. The property comprises 181 m² of building area, equating to $42,541 per square metre and is situated on a 1,832 m² landholding at a rate of $4,203 per square metre. The property was leased to 7-Eleven and generated an estimated net income of $402,281 and offered a WALE of 10.5 years, with further options extending the lease profile by an additional 10 + 10 years. The investment reflected a reported yield of 5.22% at the point of transaction.
Key Metrics
Sale Price
$7,700,000
11 Jul 2025
Yield
5.22%
Net Income $402,281
Land
1,832 m²
$4,203/m²
Building
181 m²
$42,541/m²
Tenancy
Multitenant
Parks —
Parking
—
Rate —
Address & Location
| Full Address | 493 Gympie Road, Kedron, QLD 4031 |
|---|---|
| Suburb | Kedron |
| State / Postcode | QLD 4031 |
| Metro / Regional | Metro |
| Property ID | MBSqwN1 |
Asset & Physical
| Asset Type | Convenience Store |
|---|---|
| Transaction | Sold |
| Zoning | — |
| Year Built | — |
| Tenancy | Multitenant |
Sale & Metrics
| Sale Price | $7,700,000 |
|---|---|
| Sale Date | 11 Jul 2025 |
| Net Income | $402,281 |
| Yield | 5.22% |
| Land Area | 1,832 m² |
|---|---|
| Land Rate | $4,203/m² |
| Building Area | 181 m² |
| Building Rate | $42,541/m² |
Lease & WALE
| Rent Start | 01 Jul 2024 |
|---|---|
| Rent End | 30 Jun 2036 |
| Term (input) | 12 |
| WALE | 10.50 yrs |
| Rent Reviews | Fixed 3.0% |
|---|---|
| Options | 10 + 10 |
| Lease Confirmed | No |
| Leased / Vacant | Leased |
Reference Links & Map
Agents
Michael Collins
Stonebridge
Harry Courtain
Stonebridge
Tom Moreland
Stonebridge