The Banner Service Station & Convenience Store Property Fund reaches completion on new 7-Eleven service station and convenience store in Gympie, Queensland
We are pleased to announce that the Banner Service Station & Convenience Store Property Fund (Banner SS&CS Fund) has completed a new 7-Eleven service station and convenience store in Southside in the Gympie region of QLD. The service station features a 24/7 convenience store, 3 double sided refuelling islands with 6 pumps and 8 parking spaces. A lease is currently in place with 7-Eleven for an initial 12 year term with further extension options.
The project is in the regional growth area of Gympie, located amongst supermarkets, commercial and retail shopping, schools, recreational and residential areas. We believe the asset is a valuable addition to the Gympie community.
The Banner SS&CS Fund commits to projects after the securing of long-term leases to national fuel companies and convenience store operators. These lease commitments provide stable long-term income streams and enhance the stability of the capital value.
To find out more on the Banner SS&CS Fund click Banner Service Station and Convenience Store Fund | Banner Asset Management or email enquiries@bannerassetmanagement.com
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