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Entry Level Fast Food Investment

246 Clarinda Street, PARKES NSW, 2870

Sold

Property Sold in 246 Clarinda Street, PARKES NSW, 2870

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11358494
Status:
Sold
Price:
Price on Request
Last Updated:
22/05/2020
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Property Type

Retail/Showrooms/Bulky Goods/Other
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Land Area

225 SQM
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Floor Area

160 SQM
Icon parking

Parking

N/A

Entry Level Fast Food Investment

+ 10 year lease to 2026 plus 3 further 5 year options to 2041
+ Tightly held main street retail location.
+ Attractive net lease with tenant responsible for outgoings.
+ Domino’s Ltd: Australia’s largest pizza chain now with 2,450 stores globally.
+ Ideal 225 sqm site with rear lane access and valuable on-site parking.
+ Modern freehold building refurbished 2016 to Domino’s latest design.
+ Prime main street location surrounded by national tenants including major banks, Big W, Telstra & Woolworths.
+ Parkes: a strong NSW growth region, announced as a critical node on Melbourne – Brisbane Land & Rail project which recently received $8.4b Govt. investment.
Domino’s: $3.28b ASX listed company selling 180 million pizza’s in 2017/18.
+ Net Income: $45,412 pa + GST

Auction 11am Tuesday 17 September 2019
Doltone House, Hyde Park, Sydney

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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