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Brand New Freestanding Fast Food Investment – 20 Year Lease to 2043

124 Plunkett Street , Nowra NSW

Property Highlights

Booming South Coast Princes Hwy
74,000 Vehicles Passing Daily
Net Income: $274,360 pa + GST
Register to Bid

Description

Burgess Rawson is pleased to offer to the market Guzman y Gomez, 124 Plunkett Street, Nowra (South Coast) NSW for sale via our Investment Portfolio Auction 162.

This property has the following key investment highlights:

+ Brand new 20 year lease to 2043 plus two further 10 year options to 2063
+ Guzman y Gomez: one of Australia's fastest growing fast food chains with 190+ restaurants and employing over 10,000 people
+ Compounding fixed 3% annual increases ensuring long term rental growth
+ Landlord friendly lease terms – tenant pays outgoings as per the lease including land tax
+ Brand new construction in 2023 offering maximum depreciation benefits 
+ Prime Princes Highway corner landholding with direct exposure to over 74,000 vehicles passing daily*
+ Commanding position next to McDonald's, BP, Autobarn, Taco Bell, 7-Eleven, Carl's Jr., Petbarn and Stockland Shopping Centre, minutes to Nowra CBD
+ Nowra: Sought after NSW South Coast location with a greater population of 34,000+ people**, 162km south-west of Sydney. The population of Shoalhaven is expected to grow more than 30% to 142,936 people by 2051***
+ Net Income: $274,360 pa + GST

To be sold by Investment Portfolio Auction 10:30am AEST Tuesday 1 August 2023 Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information.

*roads-waterways.transport.nsw.gov.au **population.net.au ***economy .id.com.au/shoalhaven All figures are approx.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
1,616 SQM
Building Area
195 SQM

Price

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