Generational Shopping Centre Pad Site | 15 Year Lease to Australia’s Fastest Growing Fast Food Chain
Description
CBRE is pleased to offer to the market this blue-chip metro Guzman Y Gomez, located at 537 Mulgrave Road, Earlville (Cairns) QLD for sale via our Investment Portfolio Auction 181.
This investment has the following key highlights:
+ 15 year lease to Guzman Y Gomez to August 2038 plus Four (4) further Ten (10) year options through to August 2078.
+ Guzman y Gomez (ASX:GYG): one of Australia’s fastest-growing fast food operators with a national network of 224 restaurants and market cap of $2.59 billion.**
+ Fixed 3% compounding annual rent increases ensuring strong rental growth.
+ Seamless integration with Earlville Shopping Town a dual supermarket, premier sub-regional shopping centre in Cairns, anchored by national tenants including Woolworths, Coles, BIG W, Target & Event Cinemas, supported by 110 specialty stores, over 2,400 car parks, $285m* MAT and servicing 5m* visitors annually.****
+ Built in 2023, offering significant depreciation saving benefits.
+ High exposure 1,430sqm* pad site with superb frontage to over 37,000 vehicles* passing daily*** via Mulgrave Road, Cairn’s busiest arterial connecting the CBD to the Bruce Highway.
+ Ultra-modern 200sqm* fast food restaurant with major tenant funded fit out to GYG’s latest corporate design and layout, additional 40sqm* alfresco area, pivotal dual-lane drive-thru and 9 on-title car spaces.
+ Surrounded by important social infrastructure including the Cairns Aquarium, Trinity Bay State High School, St Mary’s Catholic College, Wooree State High School, Cairns School of Distance & Education and a further 7 schools servicing 11,192 full time students.***
+ Tourism plays a vital role in the Cairns Regional Council economy, with iconic destinations like the Great Barrier Reef and the Wet Tropics attracting 1.4 million domestic overnight visitors and contributing an impressive $2.2 billion annually.*****
+ Cairns: Queensland’s second-largest regional city outside of Southeast Queensland.
+ Cairns Regional Council: a thriving hub with a Gross Regional Product (GRP) of $11.46 billion and population projected to grow 35% to 241,000 by 2050.******
+ Estimated Net Income: $271,214 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 9 December 2025
Yallamundi Rooms, Sydney Opera House
*Approx
**GYG
***Gapmaps
****Earlville Shopping Town
*****Cairns.qld.gov.au
******Forecast.id
Do you own a similar property?
Enquire
Contact agents
Jamie Perlinger Senior Director
0413 860 315
Beau Coulter Senior Director
0413 839 898
Neville Smith Senior Director
0400 068 205
Tom Lawrence Senior Negotiator
0428 626 117Enquiry Form
Cairns City, QLD
Guzman Y Gomez, 537 Mulgrave Road
- Sold Price: Contact Agent
This property was sold as part of Portfolio 181
Contact agents
-
Jamie Perlinger Senior Director
0413 860 315 -
Beau Coulter Senior Director
0413 839 898 -
Neville Smith Senior Director
0400 068 205 -
Tom Lawrence Senior Negotiator
0428 626 117