Convenience Store
Metro
Burgess Rawson
Sold
7-Eleven & Zambrero St Albans
53 Sunshine Avenue, St Albans, VIC 3021
Property Description
7-Eleven & Zambrero St Albans is a Convenience Store property located in St Albans, VIC that was sold on 29 Oct 2025 for undisclosed consideration, with the transaction facilitated by Burgess Rawson. The property comprises 1,019 m² of building area and is situated on a 3,026 m² landholding. The property was leased to 7-Eleven and generated an estimated net income of $251,000 and offered a WALE of 11.4 years, with further options extending the lease profile by an additional 4 + 5 + 5 years.
Key Metrics
Sale Price
—
29 Oct 2025
Yield
—
Net Income $251,000
Land
3,026 m²
—
Building
1,019 m²
—
Tenancy
Multitenant
Parks —
Parking
—
Rate —
Address & Location
| Full Address | 53 Sunshine Avenue, St Albans, VIC 3021 |
|---|---|
| Suburb | St Albans |
| State / Postcode | VIC 3021 |
| Metro / Regional | Metro |
| Property ID | MBQAq5G |
Asset & Physical
| Asset Type | Convenience Store |
|---|---|
| Transaction | Sold |
| Zoning | — |
| Year Built | — |
| Tenancy | Multitenant |
Sale & Metrics
| Sale Price | — |
|---|---|
| Sale Date | 29 Oct 2025 |
| Net Income | $251,000 |
| Yield | — |
| Land Area | 3,026 m² |
|---|---|
| Land Rate | — |
| Building Area | 1,019 m² |
| Building Rate | — |
Lease & WALE
| Rent Start | 01 Jun 2025 |
|---|---|
| Rent End | 31 May 2037 |
| Term (input) | options |
| WALE | 11.42 yrs |
| Rent Reviews | Fixed 3.5% |
|---|---|
| Options | 4 + 5 + 5 |
| Lease Confirmed | No |
| Leased / Vacant | Leased |
Reference Links & Map
Agents
Jamie Perlinger
Burgess Rawson
Beau Coulter
Burgess Rawson
David Napoleone
Burgess Rawson