Added today
Starbucks, Lot 3, 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.
$288,400
Number of Tenants
1 Tenant
Tenants / Type
Starbucks
Auction
Private inspections
to arrange a private inspection.
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
Starbucks, Lot 3, 86 King Street
Warrawong, NSW 2502
Map of Starbucks, Lot 3, 86 King Street
Train stations within 5 km of Starbucks, Lot 3, 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 Starbucks, Lot 3, 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 Starbucks Investment - 20 Year Net Lease to 2043
- New Freestanding Fast Food Investment
- New 20 Year Net Lease to 2043 + Options
- Net Income: $288,400 pa* + GST
Burgess Rawson is pleased to offer to the market Starbucks Warrawong located at Lot 3, 86 King Street, Warrawong (Wollongong) NSW for sale via our Investment Auction Portfolio 170.
This opportunity has the following key investment highlights:
+ Brand new 20 year net lease to 2043 plus options to 2063
+ Starbucks: the world’s largest and most recognisable coffee chain with 32,000+ stores across 80 different countries
+ Fixed 3% annual rent increases ensuring long term compounding income growth
+ Attractive net lease structure – Starbucks pays 100% of outgoings including land tax, property management and R & Ms
+ Brand new construction built in 2023, offering maximum depreciation benefits
+ Immaculate brand-new fast food facility situated on a highly exposed 2,625sqm* landholding with exposure to King Street and Warrawong Plaza
+ Important dual lane drive thru with 16 on-site car parks forming part of The Bayview Centre
+ 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
+ Ideally postioned within brand new nationally tenanted Bayview Centre neighbouring McDonald’s, Hungry Jack's, Oporto, Liqourland/Domino's, Amart, JB Hi-Fi, Pillow Talk, Supercheap Auto, Road Tech Marine, Trek & AutoBarn.
+ Brilliant exposure with frontage to Warrawong’s main road King Street with a combined 77,000 vehicles passing The Bayview Centre daily
+ Warrawong: highly sought-after location in NSW’s booming South Coast, 8km* to Wollongong & 12km* to Shellharbour
+ Net Income: $288,400 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
- Oporto 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 20 year net lease to 2043 plus options to 2063
+ Starbucks: the world’s largest and most recognisable coffee chain with 32,000+ stores across 80 different countries
+ Fixed 3% annual rent increases ensuring long term compounding income growth
+ Attractive net lease structure – Starbucks pays 100% of outgoings including land tax, property management and R & Ms
+ Brand new construction built in 2023, offering maximum depreciation benefits
+ Immaculate brand-new fast food facility situated on a highly exposed 2,625sqm* landholding with exposure to King Street and Warrawong Plaza
+ Important dual lane drive thru with 16 on-site car parks forming part of The Bayview Centre
+ 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
+ Ideally postioned within brand new nationally tenanted Bayview Centre neighbouring McDonald’s, Hungry Jack's, Oporto, Liqourland/Domino's, Amart, JB Hi-Fi, Pillow Talk, Supercheap Auto, Road Tech Marine, Trek & AutoBarn.
+ Brilliant exposure with frontage to Warrawong’s main road King Street with a combined 77,000 vehicles passing The Bayview Centre daily
+ Warrawong: highly sought-after location in NSW’s booming South Coast, 8km* to Wollongong & 12km* to Shellharbour
+ Net Income: $288,400 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
- Oporto 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: 504633996Last Updated: 8 Jul 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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