Trophy Fast Food Investment – 1st Years Rent Paid in Advance
16-20 Allandale Road , Cessnock NSW
Description
For Sale by Private Treaty
Premium Fast Food Investment in Prime Location
Renewed 12 Year Lease to Oporto
New 10 Year Lease to Zambrero
Rare dual tenanted fast food investment
Annual 3% rent increases
+ Busy main road location opposite high trading McDonald’s and close to KFC, 7-Eleven etc.
+ Strategic 2,423 sqm land parcel
+ Drive-thru Oporto, always busy
+ Direct head office leases, secure and stable income, no franchisees to worry about
+ Just refurbished valuable depreciation allowances
+ Cessnock: strong & growing Lower Hunter Valley town
Net Income: $307,359 pa + GST
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
2,423 SQM
Building Area
420 SQM