Entry Level Fast Food Investment

246 Clarinda Street, Parkes NSW

Property Highlights

10 Year Lease to 2026

$600,000 Buyers

Tenant responsible for usual outgoings

Description

+ 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

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
225 SQM
Gross Building Area
160 SQM

Contact Agents

Jamie Perlinger

0413 860 315

Kieran Bourke

0417 418 007

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