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

22-26 Roderick Street Tamworth NSW 2340

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Property No.

Key Property Highlights

Building Area 275 sqm
Land Area 1793 sqm
Listing Status Sold

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 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.

SOLD - Tamworth - ASX & NZX Listed Fast Food Giant - Brand New 10 Year Ground Lease22-26 Roderick StreetTamworth, NSW 2340
22-26 Roderick Street Tamworth NSW 2340