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

52-68 Princes Highway , Unanderra NSW

Property Highlights

Built 2023 - Max. Depreciation Benefits
Tenant Pays 100% Of Outs Incl. Land Tax
Net Income: $255,000 pa* + GST
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Description

Burgess Rawson is pleased to offer to market the Guzman y Gomez at 52-68 Princes Highway, Unanderra (Wollongong) NSW for sale via our Investment Auction Portfolio 162.

This property has the following 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 guaranteed rental growth
+ Landlord friendly net lease: Tenant pays 100% of outgoings incl. rates, insurances and land tax
+ Maximum depreciation benefits – Brand new construction in 2023
+ State of the art facility with important dual lane drive thru and ample carparks
+ Strategic Princes Highway corner site in close proximity to KFC, McDonald’s and Woolworths amongst others
+ Unanderra: popular commercial area strategically located 10 kilometres southwest of the Wollongong CBD
+ Wollongong generates a gross regional product of some $13.27b** and is home to some 219,600 residents. Population forecast to soar by over 50,000 residents by 2041**
+ Net Income $255,000 pa* + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Tuesday 1 August 2023
Sydney Opera House

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

*approx.
** economy.id.com.au/wollongong
*** profile.id.com.au/wollongong

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
1,531 SQM
Building Area
197 SQM

Price

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