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52-68 Princes Highway
Unanderra NSW 2526
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Sold on 3 Aug 2023

52-68 Princes Highway Unanderra NSW 2526

  • Shop & Retail
  • 197 m²
  • Sold

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

    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

    AUCTION

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

    Property Highlights

    Date Sold3 Aug 2023
    Floor Area197 m²
    Land Area1,531 m²
    ParkingAsk Agent
    Property ID2018626553
    Category
    Last updated  9 Aug 2023
    Map for 52-68 Princes Highway Unanderra NSW 2526

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    Property Highlights

    Date Sold3 Aug 2023
    Floor Area197 m²
    Land Area1,531 m²
    ParkingAsk Agent
    Property ID2018626553
    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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