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124 Plunkett Street
Nowra NSW 2541
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Sold on 1 Aug 2023

124 Plunkett Street Nowra NSW 2541

  • Shop & Retail
  • 195 m²
  • Sold

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

    Burgess Rawson is pleased to offer to the market Guzman y Gomez, 124 Plunkett Street, Nowra (South Coast) NSW for sale via our Investment Portfolio Auction 162.
    This property has the following key 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 long term rental growth
    + Landlord friendly lease terms ? tenant pays outgoings as per the lease including land tax
    + Brand new construction in 2023 offering maximum depreciation benefits
    + Prime Princes Highway corner landholding with direct exposure to over 74,000 vehicles passing daily*
    + Commanding position next to McDonald?s, BP, Autobarn, Taco Bell, 7-Eleven, Carl?s Jr., Petbarn and Stockland Shopping Centre, minutes to Nowra CBD
    + Nowra: Sought after NSW South Coast location with a greater population of 34,000+ people**, 162km south-west of Sydney. The population of Shoalhaven is expected to grow more than 30% to 142,936 people by 2051***
    + Net Income: $274,360 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 Burgess Rawson team for more information.
    *roads-waterways.transport.nsw.gov.au
    **population.net.au
    ***economy .id.com.au/shoalhaven
    All figures are approx.

    AUCTION

    Auction date and time01/08/2023 10:30
    Auction locationYallamundi Rooms, Sydney Opera House
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold1 Aug 2023
    Floor Area195 m²
    Land Area1,616 m²
    ParkingAsk Agent
    Property ID2018626633
    Category
    Last updated  2 Aug 2023
    Map for 124 Plunkett Street Nowra NSW 2541

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    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold1 Aug 2023
    Floor Area195 m²
    Land Area1,616 m²
    ParkingAsk Agent
    Property ID2018626633
    Category
    Last updated  2 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

    More about 124 Plunkett Street Nowra NSW 2541

    124 Plunkett Street Nowra NSW 2541 is categorized as Shop & Retail Property. It has a floor area of 195 m² and a land area of 1,616 m². The listing ID for this property is 2018626633.

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