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7 Galena Street
Broken Hill NSW 2880
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Sold on 20 Feb 2023

7 Galena Street Broken Hill NSW 2880

  • Shop & Retail
  • 1 m²
  • Sold

Dominant Freestanding McDonald's Investment | Super Trader with Long History of Significant Turnover

    Burgess Rawson is pleased to offer to market the McDonald's located at 7 Galena Street, Broken Hill NSW for sale via our Investment Auction Portfolio 158.

    The property has the following investment highlights:

    + Long term 20 year net lease to 2028 plus option to 2038
    + CPI annual rent reviews plus turnover rent currently growing at 6.6% pa^
    + Highly sought after rare ground lease structure - tenant responsible for all capital and structural repairs and maintenance^^
    + Tenant pays 100% of outgoings including structural work
    + High profile 2,807sqm* 'pad site' directly adjoining Woolworths anchored Westside Plaza
    + McDonald's: global fast food chain with 38,000+ restaurants in over 100 countries
    + Long history of significant annual growth in turnover and turnover rent
    + The only McDonald's restaurant in the city of Broken Hill, featuring a modern dual lane drive-thru & ample onsite parking
    + Net Income: $224,065 pa* + GST (as at 7 March 2023)

    For Sale by Investment Portfolio Auction
    10:30am (AEDT) Tuesday 21 February 2023
    Sydney Opera House

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *approx.
    ^approximate compound average growth rate (CAGR) over the past 5 years
    ^^excluding property management fees

    AUCTION

    Auction date and time21/02/2023 10:30
    Auction locationYallamundi Rooms, Sydney Opera House

    Property Highlights

    Date Sold20 Feb 2023
    Floor Area1 m²
    Land Area2,807 m²
    ParkingAsk Agent
    Property ID2018310362
    Category
    Last updated  22 Feb 2023
    Map for 7 Galena Street Broken Hill NSW 2880

    Nearest transport* to 7 Galena Street Broken Hill NSW 2880

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    Property Highlights

    Date Sold20 Feb 2023
    Floor Area1 m²
    Land Area2,807 m²
    ParkingAsk Agent
    Property ID2018310362
    Category
    Last updated  22 Feb 2023

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188
    Andrew Havig
    Burgess Rawson Queensland
    Call
    0478 010 990

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