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45-49 Princes Highway
Unanderra NSW 2526
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Sold on 3 Aug 2023

45-49 Princes Highway Unanderra NSW 2526

  • Shop & Retail
  • 1 m²
  • Sold

Ultra Rare 20 Year Ground Lease to 2041 | Ultimate Freestanding McDonald's Investment

    Burgess Rawson is pleased to offer to the market McDonald?s, 45-49 Princes Highway, Unanderra (Wollongong) NSW for sale via our Investment Portfolio Auction 162.
    This investment has the following key investment highlights:
    + Ultra rare 20 year triple net lease to 2041 plus 20 year option to 2061
    + McDonald?s: global fast food giant with 38,000+ restaurants in over 100 countries
    + Compounding fixed 3% annual rent increases ensuring guaranteed rental growth
    + Highly sought after rare ground lease structure - tenant responsible for all capital and structural repairs and maintenance
    + Triple net lease - tenant pays 100% of outgoings incl. land tax, all R & Ms & structural Capex
    + High profile 2,414sqm* corner Princes Highway landholding
    + Moments from Wollongong CBD next to KFC, Guzman y Gomez and Woolworths amongst others
    + Newly constructed state of the art facility with dual lane drive thru & ample on-site parking
    + Wollongong: Thriving region south of Sydney set to grow to more than 270,500 people by 2041
    + Net Income: $201,571 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 sales team for more information
    *Approx

    AUCTION

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

    Property Highlights

    Date Sold3 Aug 2023
    Floor Area1 m²
    Land Area2,414 m²
    ParkingAsk Agent
    Property ID2018626551
    Category
    Last updated  9 Aug 2023
    Map for 45-49 Princes Highway Unanderra NSW 2526

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    Property Highlights

    Date Sold3 Aug 2023
    Floor Area1 m²
    Land Area2,414 m²
    ParkingAsk Agent
    Property ID2018626551
    Category
    Last updated  9 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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