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Lot 2, 110 Worrigee Street
Nowra NSW 2541
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Sold on 10 Jul 2024

Lot 2, 110 Worrigee Street Nowra NSW 2541

  • Shop & Retail
  • 1 m²
  • Sold

Brand New Freestanding Fast Food & Convenience Retail Investment

    Burgess Rawson is pleased to offer to the market 7-Eleven, Carl's Jr Nowra NSW for sale via Private Treaty.

    This investment has the following key investment highlights:

    + New 12 year lease to 7-Eleven to 2035 plus options to 2055
    + 7-Eleven: Australia's #1 convenience retailer recently purchased for $1.71 billion* by 7-Eleven International LLC with 46,000 sites globally
    + New 12 year lease to Carl's Jr. to 2035 plus option to 2040
    + Carls Jr.: leading global fast food operator with 3,800+ stores globally
    + Compounding fixed 3% annual rent increases ensuring long term income growth
    + Prime 3,110sqm* corner landholding with over 78 metres* of frontage to Princes Highway providing exposure to over 74,000 vehicles passing daily
    + New 2023 construction allowing maximum depreciation benefits
    + Commanding position next to Officeworks, Petbarn, McDonald's, Autobarn and across from Nowra Plaza Shopping Centre
    + Nowra: Booming South Coast location with a Shoalhaven region population of 142,936+ expected to surge 30% by 2051
    + Est. Net Income: $559,183 pa* + GST

    For Sale via Private Treaty

    Please contact the exclusively appointed sales team for more information

    *Approx

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

    Property Highlights

    Date Sold10 Jul 2024
    Floor Area1 m²
    Land Area3,110 m²
    ParkingAsk Agent
    Property ID2019082069
    Category
    Last updated  11 Jul 2024
    Map for Lot 2, 110 Worrigee 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 Sold10 Jul 2024
    Floor Area1 m²
    Land Area3,110 m²
    ParkingAsk Agent
    Property ID2019082069
    Category
    Last updated  11 Jul 2024

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188
    Geoff Sinclair
    Burgess Rawson Sydney
    Call
    0451 462 759

    More about Lot 2, 110 Worrigee Street Nowra NSW 2541

    Lot 2, 110 Worrigee Street Nowra NSW 2541 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 3,110 m². The listing ID for this property is 2019082069.

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