Brand New Fast Food Investment 10 + 5 + 5 Year Lease

275 pacific highway south, coffs harbour nsw

Price: $3,110,000

Property Details

New 10 year lease expiring November 2027 plus options to 2037
Leased to Guzman y Gomez – rapidly growing Australian based international restaurant chain with 100 outlets
Latest spec dine-in restaurant for 30 customers plus drive-thru facility
Strategic corner highway site with massive exposure
Gateway location on Pacific Highway with easy access opposite Bunnings
Coffs Harbour – high growth coastal city of over 74,000 people plus over 1.6m north coast tourism visitors per annum
Tenant pays all outgoings, incl. management fees, as per lease
Fixed 3% annual rental Increases
High depreciation tax benefits
Net Income: $140,000 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 205 sqm
Land Size 1,078 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003175

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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