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For Sale | Retail Investment Property

ASX & NZX Listed Fast Food Giant - Brand New 10 Year Ground Lease

22-26 Roderick Street
Tamworth, NSW 2340
Australia
Inquire About This Property
Building Size:
275 SQM
Lot Size (SQM):
1793

Cushman & Wakefield is pleased to present to the market 22-26 Roderick Street, Tamworth for Sale via Auction. The property has the following key characteristics: - Brand new 10 year ground lease to 2031 + options to 2041 - QSR Pty Ltd – Wholly owned subsidiary of ASX & NZX Listed Restaurant Brands NZ Ltd with 348 fast food outlets incl. iconic brands KFC, Taco Bell, Pizza Hut & Carls Jr. Employs over 12,000 people globally with a Market Cap NZ $2 Billion - Brand new modern purpose built latest specification designed store with dual lane drive-thru facility - Highly sought after Ground Lease - Tenant responsible for all capital & structural repairs & maintenance - Tenant pays 100% of outgoings including Land Tax - Strategic location in Tamworth core retail precinct neighbouring McDonald's, Woolworths, Dan Muphy’s, Oporto, Hungry Jack’s, Red Rooster & the brand new East Tamworth Medical Centre - Easily managed single tenant passive investment - Tamworth - Second largest inland city in New South Wales with a population in excess of 76,813 people - Fixed 3% annual rent increases - Net Income $180,000 pa + GST The investment is for sale by way of Cushman & Wakefield National Portfolio Auction on Monday 27 September at 1pm. All interested parties will have access to our Live Stream & Online Bidding Platform strictly via prior arrangement. Brisbane Live Stream & Bidding Facilities will be available at the below venue; Brisbane - Dexus Place - Waterfront Place, Level 31, 1 Eagle Street Should you hold interest in bidding on the asset from the above location or via the Online Bidding Platform, please contact the exclusively appointed Cushman & Wakefield property professionals. - New England
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