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2 Peony Boulevard
Yanchep WA 6035
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Sold on 24 Jan 2024

2 Peony Boulevard Yanchep WA 6035

  • Shop & Retail
  • 1 m²
  • Sold

20 Year Ground Lease to McDonald's | Blue-Chip Freehold Investment

    Burgess Rawson in conjunction with CBRE are pleased to offer to the market McDonald's, 2 Peony Boulevard, Yanchep WA for sale via our Investment Portfolio Auction 165.

    This investment has the following key highlights:

    + Rarely offered, blue-chip freehold McDonald's investment.
    + 20 year ground lease to McDonald's to September 2034 plus 3 x 10 year options to 2064.
    + McDonald's: global fast-food giant with 38,000+ restaurants in over 100 countries.
    + Highly sought after rare ground lease structure - tenant responsible for all capital and structural repairs and maintenance.
    + Triple net lease terms, tenant pays 100% of outgoings including rates, building insurance, land tax, structural repair and maintenance.
    + Fixed 3.8% annual rent increases.
    + Prime 2,676sqm* freehold site with huge 112 metres* of highway exposure.
    + Impressive 489sqm* freestanding restaurant with important dual line drive thru and 17 on-title car spaces.
    + Situated in thriving retail precinct amongst brand new Coles SC, Woolworths SC, ALDI, KFC, Hungry Jack's and 7-Eleven.
    + Booming location, with retail trade catchment forecast to soar by 268% by 2041. **
    + Located 2km* from the Yanchep Lagoon, a major tourism hotspot forecast to attract 1.1 million visitors per year by 2041. ***
    + Yanchep: fast growing suburb only 50km* north of Perth CBD.
    + Net Income: $186,049pa* + GST

    For Sale by Investment Portfolio Auction
    10:30am AEDT Wednesday 6 December 2023
    Crown Casino, Melbourne

    * Approx
    ** Forecast.id
    *** DBCA WA

    Note: under the new subdivision (processed by the City of Wanneroo, 10th October 2023), McDonald's Yanchep's physical and legal property address is now 8 Tamala Lane, Yanchep WA 6035.

    AUCTION

    Auction date and time06/12/2023 10:30
    Auction locationCrown Casino - River Room - Melbourne
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold24 Jan 2024
    Floor Area1 m²
    Land Area2,676 m²
    ParkingAsk Agent
    Property ID2018888558
    Category
    Last updated  24 Jan 2024
    Map for 2 Peony Boulevard Yanchep WA 6035
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold24 Jan 2024
    Floor Area1 m²
    Land Area2,676 m²
    ParkingAsk Agent
    Property ID2018888558
    Category
    Last updated  24 Jan 2024

    Co-Agents

    Beau Coulter
    Burgess Rawson VIC Pty Ltd
    Call
    0413 839 898
    Chloe Mason
    Chloe Mason
    CBRE Perth
    Call
    0466610729

    More about 2 Peony Boulevard Yanchep WA 6035

    2 Peony Boulevard Yanchep WA 6035 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 2,676 m². The listing ID for this property is 2018888558.

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