Share this property

realcommercial.com.au
Burgess Rawson - Sydney

Oporto, Lot 32, 86 King Street Warrawong, NSW 2502

Directions

Oporto, Lot 32, 86 King Street,
Warrawong, NSW 2502

Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Burgess Rawson - Sydney
Geoff Sinclair
Yosh Mendis
Rhys Parker

Burgess Rawson - Sydney

Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
Burgess Rawson - Sydney
Oporto, Lot 32, 86 King Street
Warrawong, NSW 2502

Map of Oporto, Lot 32, 86 King Street

Directions

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 32, 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, Beacon Lighting, 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


Please contact the exclusively appointed sales team for more information.

*approx

Explore property virtually

Video

Property ID: 504634008Last Updated: 19 Dec 2024

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Burgess Rawson - Sydney

Other properties you might be interested in based on the location and property type you are looking at.