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124 Plunkett Street
Nowra NSW 2541
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Sold on 1 Aug 2023

124 Plunkett Street Nowra NSW 2541

  • Shop & Retail
  • 195 m²
  • Sold

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

    Burgess Rawson is pleased to offer to the market Guzman y Gomez, 124 Plunkett Street, Nowra (South Coast) NSW for sale via our Investment Portfolio Auction 162.
    This property has the following key 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 long term rental growth
    + Landlord friendly lease terms ? tenant pays outgoings as per the lease including land tax
    + Brand new construction in 2023 offering maximum depreciation benefits
    + Prime Princes Highway corner landholding with direct exposure to over 74,000 vehicles passing daily*
    + Commanding position next to McDonald?s, BP, Autobarn, Taco Bell, 7-Eleven, Carl?s Jr., Petbarn and Stockland Shopping Centre, minutes to Nowra CBD
    + Nowra: Sought after NSW South Coast location with a greater population of 34,000+ people**, 162km south-west of Sydney. The population of Shoalhaven is expected to grow more than 30% to 142,936 people by 2051***
    + Net Income: $274,360 pa + GST
    To be sold by Investment Portfolio Auction
    10:30am AEST Tuesday 1 August 2023
    Yallamundi Rooms, Sydney Opera House
    Please contact the exclusively appointed Burgess Rawson team for more information.
    *roads-waterways.transport.nsw.gov.au
    **population.net.au
    ***economy .id.com.au/shoalhaven
    All figures are approx.

    AUCTION

    Auction date and time01/08/2023 10:30
    Auction locationYallamundi Rooms, Sydney Opera House

    Property Highlights

    Date Sold1 Aug 2023
    Floor Area195 m²
    Land Area1,616 m²
    ParkingAsk Agent
    Property ID2018626633
    Category
    Last updated  2 Aug 2023
    Map for 124 Plunkett Street Nowra NSW 2541

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    Property Highlights

    Date Sold1 Aug 2023
    Floor Area195 m²
    Land Area1,616 m²
    ParkingAsk Agent
    Property ID2018626633
    Category
    Last updated  2 Aug 2023

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188
    Geoff Sinclair
    Burgess Rawson Sydney
    Call
    0451 462 759
    Rhys Parker
    Burgess Rawson Sydney
    Call
    0451 101 042

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