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52-68 Princes Highway
Unanderra NSW 2526
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Sold on 3 Aug 2023

52-68 Princes Highway Unanderra NSW 2526

  • Shop & Retail
  • 197 m²
  • Sold

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

    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

    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 Sold3 Aug 2023
    Floor Area197 m²
    Land Area1,531 m²
    ParkingAsk Agent
    Property ID2018626553
    Category
    Last updated  9 Aug 2023
    Map for 52-68 Princes Highway Unanderra NSW 2526

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

    Property Highlights

    Date Sold3 Aug 2023
    Floor Area197 m²
    Land Area1,531 m²
    ParkingAsk Agent
    Property ID2018626553
    Category
    Last updated  9 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 52-68 Princes Highway Unanderra NSW 2526

    52-68 Princes Highway Unanderra NSW 2526 is categorized as Shop & Retail Property. It has a floor area of 197 m² and a land area of 1,531 m². The listing ID for this property is 2018626553.

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