Burgess Rawson is pleased to offer to the market McDonald's Cardiff (Newcastle) NSW for sale via our Investment Auction Portfolio 167.
The property has the following key investment highlights:
+ Brand new 20 year ground lease to December 2043 plus options to 2073
+ McDonald's: global fast food giant with 38,000+ restaurants in over 120 countries
+ Fixed 3% compounding annual rent increases ensuring guaranteed rental growth
+ Triple net lease tenant pays 100% of outgoings including land tax, all R & Ms, & structural CapEx
+ Newly constructed state-of-the-art facility with important dual lane drive thru and ample on-site parking
+ Significant high profile 3,126sqm* landholding
+ Strategic position next to Woolworths, a modern childcare facility, Wests Leagues Club Cardiff, Cardiff RSL & Aldi
+ Cardiff: moments from Newcastle CBD, a key growth region supporting a population of 171,528+ people
+ Net Income: $180,000 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 26 March 2024
Yallamundi Rooms, Sydney Opera House
Bidder registration required, register here: www.portfolioauctions.com.au
Please contact the exclusively appointed sales team for more information.
*Approx