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