Ultra Rare 20 Year Ground Lease to 2041 | Ultimate Freestanding McDonald’s Investment
Description
CBRE 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
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Contact agents
Yosh Mendis Sr Director, Capital Markets
0434 413 188
Geoff Sinclair Director, Capital Markets
0451 462 759
Rhys Parker Partner
0451 101 042Enquiry Form
Unanderra, NSW
45-49 Princes Highway
- Sold Price: Contact Agent
This property was sold as part of Portfolio 162
Contact agents
-
Yosh Mendis Sr Director, Capital Markets
0434 413 188 -
Geoff Sinclair Director, Capital Markets
0451 462 759 -
Rhys Parker Partner
0451 101 042