Lot 2, 169 Princes Highway Ulladulla NSW 2539

Burgess Rawson is pleased to offer to the market Lot 2, 169 Princes Highway, Ulladulla NSW for sale via our Investment Portfolio Auction 164.

The property has the following key investment highlights:

+ New 10 year lease to Oporto to 2033 plus options to 2053
+ New 7 year lease to Zambrero to 2030 plus options to 2044
+ Oporto: National fast food operator, part of Craveable Brands operating 580+ restaurants including Oporto, Red Rooster & Chicken Treat, owned by Private Equity group, PAG Asia Capital
+ Zambrero: Multinational fast food restaurant chain and Australia's largest Mexican fast food operator with 200+ locations with a strategic international expansion plan
+ Head office 'company' lease structures for both Oporto and Zambrero
+ Compounding fixed 3% and 2.5% annual rent increases
+ Important freestanding drive thru fast food on 1,860sqm* site with exposure to Princes Highway
+ 88 metres* of combined frontage and ideally located at a major roundabout also serving as access to McDonald's and Bunnings Warehouse
+ Ulladulla: booming south coast growth location with a Shoalhaven region population of 142,939+** expected to surge 30% by 2051** Major commercial hub between Sydney and Canberra
+ Est. Net Income: $231,342 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 24 October 2023
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approximate
**Profile.i.d