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Knight Frank - Central Coast

Shop, 8 Mingara Drive Tumbi Umbi, NSW 2261

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Shop, 8 Mingara Drive,
Tumbi Umbi, NSW 2261

Shops & Retail

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Knight Frank - Central Coast
Brett Dowling
Ty Blanch

Knight Frank - Central Coast

Suite 401 / 1 Bryant Dr
TUGGERAH, NSW 2259
Knight Frank - Central Coast
Shop, 8 Mingara Drive
Tumbi Umbi, NSW 2261

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ASX listed tenant Domino's plus Subway at Mingara

Knight Frank Central Coast is pleased to offer to the market Domino’s & Subway, 8 Mingara Drive, Tumbi Umbi NSW for sale via Auction on Friday 30th August, 2024.

This outstanding investment has the following key highlights:

+ 5 year lease to Domino’s Pizza Enterprises Limited to 2028 plus options to 2033
+ Domino’s Pizza Enterprises Limited, ASX listed, operating 728 stores in Australia* and a current market cap of $3.23 Billion*
+ Purpose built fast food retail building in high traffic complex with adjoining Subway
+ 5 year lease to Subway to 2029 plus options to 2034
+Subway Corporation Lease: International fast food leader with approximately 37,000 stores worldwide in more than 100 countries
+ Attractive CPI annual rent increases and market reviews at option on both leases ensuring rental growth.
+ Substantial 2,048 sqm* site with direct exposure and access to busy Mingara Drive and Wyong Road and dedicated parking
+ First class location in unique fast food retail complex surrounded by leading national tenants: McDonald’s, KFC, Hungry Jack’s, Shell, Oporto, and BP all within 100 metres*
+ Future development plans surrounding the property leading to further growth within the Mingara Recreation Club precinct, including (almost completed) Hotel / Motel at the Club.
+ Net Income: $112,400.46 pa* + GST

For Sale by Knight Frank Central Coast Auction
Friday 30th August at 12:00pm AEST
Venue: Knight Frank Central Coast (Tuggerah Office)
Suite 401/1 Bryant Drive, Tuggerah
Bid in-person (at our Tuggerah Office) or online by registration

Please contact the exclusively appointed sales team for more information.

*Approximately

Property ID: 504644916Last Updated: 4 Sep 2024

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