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124 Plunkett Street, Nowra, NSW, 2541

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124 Plunkett Street, Nowra, NSW, 2541

124 Plunkett Street, Nowra, NSW, 2541

Properties / Sold / New South Wales / Nowra
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Contact Agent
Land Area
1,616 m² (*approx)
Floor Area
195 m² (*approx)
Property Type
Retail, Other
Sub-type
Cafe/Restaurant
Terms
Brand new 20 year lease to 2043 plus two further 10 year options to 2063
Est. Income
$274,360 p/a
Fully Leased
Guzman y Gomez
Show All

2. Property Highlights

Brand New Freestanding Fast Food Investment - 20 Year Lease to 2043
  • Booming South Coast Princes Hwy
  • 74,000 Vehicles Passing Daily
  • Net Income: $274,360 pa + GST

Burgess Rawson is pleased to offer to the market Guzman y Gomez, 124 Plunkett Street, Nowra (South Coast) NSW for sale via our Investment Portfolio Auction 162.

This property has the following key 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 long term rental growth

+ Landlord friendly lease terms ? tenant pays outgoings as per the lease including land tax

+ Brand new construction in 2023 offering maximum depreciation benefits

+ Prime Princes Highway corner landholding with direct exposure to over 74,000 vehicles passing daily*

+ Commanding position next to McDonald?s, BP, Autobarn, Taco Bell, 7-Eleven, Carl?s Jr., Petbarn and Stockland Shopping Centre, minutes to Nowra CBD

+ Nowra: Sought after NSW South Coast location with a greater population of 34,000+ people**, 162km south-west of Sydney. The population of Shoalhaven is expected to grow more than 30% to 142,936 people by 2051***

+ Net Income: $274,360 pa + GST

To be sold by Investment Portfolio Auction

10:30am AEST Tuesday 1 August 2023

Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information.

*roads-waterways.transport.nsw.gov.au

**population.net.au

***economy .id.com.au/shoalhaven

All figures are approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail, Other
Sub-type
Cafe/Restaurant
Est. Income
$274,360 p/a
Tenant
Guzman y Gomez
Terms
Brand new 20 year lease to 2043 plus two further 10 year options to 2063
Land Area
1,616 m² (*approx)
Floor Area
195 m² (*approx)
Selling Method
Auction
Auction Date
1 Aug 2023 10:30AM
Selling Details
Contact Agent

2. Property Highlights

Brand New Freestanding Fast Food Investment - 20 Year Lease to 2043
  • Booming South Coast Princes Hwy
  • 74,000 Vehicles Passing Daily
  • Net Income: $274,360 pa + GST

Burgess Rawson is pleased to offer to the market Guzman y Gomez, 124 Plunkett Street, Nowra (South Coast) NSW for sale via our Investment Portfolio Auction 162.

This property has the following key 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 long term rental growth

+ Landlord friendly lease terms ? tenant pays outgoings as per the lease including land tax

+ Brand new construction in 2023 offering maximum depreciation benefits

+ Prime Princes Highway corner landholding with direct exposure to over 74,000 vehicles passing daily*

+ Commanding position next to McDonald?s, BP, Autobarn, Taco Bell, 7-Eleven, Carl?s Jr., Petbarn and Stockland Shopping Centre, minutes to Nowra CBD

+ Nowra: Sought after NSW South Coast location with a greater population of 34,000+ people**, 162km south-west of Sydney. The population of Shoalhaven is expected to grow more than 30% to 142,936 people by 2051***

+ Net Income: $274,360 pa + GST

To be sold by Investment Portfolio Auction

10:30am AEST Tuesday 1 August 2023

Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information.

*roads-waterways.transport.nsw.gov.au

**population.net.au

***economy .id.com.au/shoalhaven

All figures are approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

124 Plunkett Street, Nowra, NSW, 2541

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