Added today
Oporto, Lot 4, 86 King Street,
Warrawong, NSW 2502
Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
Added today
Price information
Sale - Auction Tue 6 Aug
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$244,710
Number of Tenants
1 Tenant
Tenants / Type
Oporto
Auction
Private inspections
to arrange a private inspection.
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
Oporto, Lot 4, 86 King Street
Warrawong, NSW 2502
Map of Oporto, Lot 4, 86 King Street
Train stations within 5 km of Oporto, Lot 4, 86 King Street, Warrawong, NSW 2502 Distance Port Kembla North Station 1.5 km Port Kembla Station 1.7 km Cringila Station 2.3 km Lysaghts Station 3.6 km POWERED BY HERE ©Bus stops within 5 km of Oporto, Lot 4, 86 King Street, Warrawong, NSW 2502 Distance Warrawong Plaza, King St 70 m King St Opp Warrawong Plaza 76 m Warrawong Plaza, Cowper St 131 m Cowper St Before First Av South 156 m Cowper St After First Av South 170 m POWERED BY HERE ©
POWERED BY HERE ©
Brand New Freestanding Fast Food Investment - New 12 year lease to 2035 plus options
- New 12 Year Lease to 2035 + Options
- Craveable Brands: 600+ locations
- Net Income: $244,710 pa* + GST
Burgess Rawson is pleased to offer to the market Oporto Warrawong located at Lot 4, 86 King Street, Warrawong (Wollongong) NSW for sale via our Investment Auction Portfolio 170.
This opportunity has the following key investment highlights:
+ Brand new 12 year lease to 2035 plus options to 2055
+ Oporto: part of Craveable Brands who operate 600+ stores including Oporto, Red Rooster, Chicken Treat & Chargrill Charlie’s, a wholly owned subsidiary of PAG Asia Capital
+ PAG Asia Capital: a leading alternative investment firm that have USD100 billion invested into Asia and beyond
+ Fixed 3% annual rental increases ensuring long term compounding income growth
+ Substantial 1,607sqm* freehold landholding with exposure to King Street.
+ Bayview Centre: premium fast food, liquor and large format retail centre completed in 2023, opposite the third largest Shopping centre in the Wollongong LGA, Warrawong Plaza
+ Strategic position in nationally tenanted Bayview Centre neighbouring McDonald’s, Hungry Jacks, Starbucks, Oporto, Amart, JB Hi-Fi, Pillow Talk, Supercheap Auto, Road Tech Marine, Trek & AutoBarn
+ Brand new state-of-the-art facility with pivotal drive-thru offering significant depreciation benefits
+ Highly exposed to a combined 77,000+ vehicles passing daily
+ Warrawong: highly sought-after location in NSW’s booming South Coast, 8km* to Wollongong & 12km* to Shellharbour
+ Net Income: $244,710 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 6 August 2024
Yallamundi Rooms, Sydney Opera House
Also available as part of Burgess Rawson's August Portfolio Auction.
- McDonald’s Warrawong
- Hungry Jack’s Warrawong
- Starbucks Warrawong
- Liqourland (Coles Group) & Domino's Warrawong
Bidder registration required, register here: www.portfolioauctions.com.au
Please contact the exclusively appointed sales team for more information.
*approx
This opportunity has the following key investment highlights:
+ Brand new 12 year lease to 2035 plus options to 2055
+ Oporto: part of Craveable Brands who operate 600+ stores including Oporto, Red Rooster, Chicken Treat & Chargrill Charlie’s, a wholly owned subsidiary of PAG Asia Capital
+ PAG Asia Capital: a leading alternative investment firm that have USD100 billion invested into Asia and beyond
+ Fixed 3% annual rental increases ensuring long term compounding income growth
+ Substantial 1,607sqm* freehold landholding with exposure to King Street.
+ Bayview Centre: premium fast food, liquor and large format retail centre completed in 2023, opposite the third largest Shopping centre in the Wollongong LGA, Warrawong Plaza
+ Strategic position in nationally tenanted Bayview Centre neighbouring McDonald’s, Hungry Jacks, Starbucks, Oporto, Amart, JB Hi-Fi, Pillow Talk, Supercheap Auto, Road Tech Marine, Trek & AutoBarn
+ Brand new state-of-the-art facility with pivotal drive-thru offering significant depreciation benefits
+ Highly exposed to a combined 77,000+ vehicles passing daily
+ Warrawong: highly sought-after location in NSW’s booming South Coast, 8km* to Wollongong & 12km* to Shellharbour
+ Net Income: $244,710 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 6 August 2024
Yallamundi Rooms, Sydney Opera House
Also available as part of Burgess Rawson's August Portfolio Auction.
- McDonald’s Warrawong
- Hungry Jack’s Warrawong
- Starbucks Warrawong
- Liqourland (Coles Group) & Domino's Warrawong
Bidder registration required, register here: www.portfolioauctions.com.au
Please contact the exclusively appointed sales team for more information.
*approx
Property ID: 504634008Last Updated: 8 Jul 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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