Cushman & Wakefield is pleased to present to the market 273 Princes Highway, Bomaderry (South Coast) for Sale via Auction.
The property has the following key characteristics:
- Red Rooster New 10 year lease - Leading fast food chain owned by Craveable Brands & PAG Asia Capital with 580+ restaurants in Australia including Oporto
- Dominos New 7 year lease - Global ASX listed pizza chain, Australias largest pizza brand with a Market Cap of $8.3 Billion & extending across 9 countries with 2,700 stores
- Harrys Café de Wheels New 10 year lease Longstanding iconic fast food chain with over 80 years experience
- Elephant Car Wash New 10 year lease - Multi site operator
- Prime 5,030 sqm highway site, major arterial road from Sydney South to Wollongong, Nowra & South Coast
- Strategic highway travel centre neighbouring strong performing Shell Service Station, Bridgestone, Woolworths, McDonalds, KFC & Hungry Jacks
- Brand new build with significant depreciation benefits
- Fixed 3% annual increases
- Net Income $374,909 pa + GST
The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Friday 19 March at 10am AEDT at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney NSW 2000.
Prospective purchasers and interested parties in this tenanted investment will have access to remote bidding facilities in both Brisbane and Melbourne.
Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.
