Entry Level Fast Food Investment
246 Clarinda Street, Parkes NSW
+ 10 year lease to 2026 plus 3 further 5 year options to 2041
+ Tightly held main street retail location.
+ Attractive net lease with tenant responsible for outgoings.
+ Domino’s Ltd: Australia’s largest pizza chain now with 2,450 stores globally.
+ Ideal 225 sqm site with rear lane access and valuable on-site parking.
+ Modern freehold building refurbished 2016 to Domino’s latest design.
+ Prime main street location surrounded by national tenants including major banks, Big W, Telstra & Woolworths.
+ Parkes: a strong NSW growth region, announced as a critical node on Melbourne – Brisbane Land & Rail project which recently received $8.4b Govt. investment.
Domino’s: $3.28b ASX listed company selling 180 million pizza’s in 2017/18.
+ Net Income: $45,412 pa + GST
Auction 11am Tuesday 17 September 2019
Doltone House, Hyde Park, Sydney