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7 Galena Street, BROKEN HILL, NSW, 2880

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7 Galena Street, BROKEN HILL, NSW, 2880

Broken Hill

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7 Galena Street, BROKEN HILL, NSW, 2880

Broken Hill

SOLD
7 Galena Street, BROKEN HILL, NSW, 2880

7 Galena Street, BROKEN HILL, NSW, 2880

Properties / Sold / New South Wales / Broken Hill
Tenanted Investment
Selling Method
Auction
Selling Details
Price on Request
Land Area
2,807 m² (*approx)
Floor Area
1 m² (*approx)
Property Type
Retail, Other
Sub-type
Cafe/Restaurant
Terms
Long term 20 year lease to 2028 plus option to 2038
Est. Income
$225,427 p/a
Fully Leased
McDonald’s
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Dominant Freestanding McDonald’s Investment | Super Trader with Long History of Significant Turnover
  • McDonald’s: global fast food giant
  • Strong CPI + turnover rent growth
  • Ultra-rare ground lease

Burgess Rawson is pleased to offer to market the McDonald's located at 7 Galena Street, Broken Hill NSW for sale via our Investment Auction Portfolio 158.

The property has the following investment highlights:

+ Long term 20 year net lease to 2028 plus option to 2038

+ CPI annual rent reviews plus turnover rent currently growing at 6.6% pa^

+ Highly sought after rare ground lease structure - tenant responsible for all capital and structural repairs and maintenance^^

+ Tenant pays 100% of outgoings including structural work

+ High profile 2,807sqm* ‘pad site’ directly adjoining Woolworths anchored Westside Plaza

+ McDonald’s: global fast food chain with 38,000+ restaurants in over 100 countries

+ Long history of significant annual growth in turnover and turnover rent

+ The only McDonald's restaurant in the city of Broken Hill, featuring a modern dual lane drive-thru & ample onsite parking

+ Net Income: $224,065 pa* + GST (as at 7 March 2023)

For Sale by Investment Portfolio Auction

10:30am (AEDT) Tuesday 21 February 2023

Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx.

^approximate compound average growth rate (CAGR) over the past 5 years

^^excluding property management fees

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

7 Galena Street Investment Summary

Property Type
Retail, Other
Sub-type
Cafe/Restaurant
Est. Income
$225,427 p/a
Tenant
McDonald’s
Terms
Long term 20 year lease to 2028 plus option to 2038
Land Area
2,807 m² (*approx)
Floor Area
1 m² (*approx)
Selling Method
Auction
Auction Date
21 Feb 2023 10:30AM
Selling Details
Price on Request

Investment Highlights

Dominant Freestanding McDonald’s Investment | Super Trader with Long History of Significant Turnover
  • McDonald’s: global fast food giant
  • Strong CPI + turnover rent growth
  • Ultra-rare ground lease

Burgess Rawson is pleased to offer to market the McDonald's located at 7 Galena Street, Broken Hill NSW for sale via our Investment Auction Portfolio 158.

The property has the following investment highlights:

+ Long term 20 year net lease to 2028 plus option to 2038

+ CPI annual rent reviews plus turnover rent currently growing at 6.6% pa^

+ Highly sought after rare ground lease structure - tenant responsible for all capital and structural repairs and maintenance^^

+ Tenant pays 100% of outgoings including structural work

+ High profile 2,807sqm* ‘pad site’ directly adjoining Woolworths anchored Westside Plaza

+ McDonald’s: global fast food chain with 38,000+ restaurants in over 100 countries

+ Long history of significant annual growth in turnover and turnover rent

+ The only McDonald's restaurant in the city of Broken Hill, featuring a modern dual lane drive-thru & ample onsite parking

+ Net Income: $224,065 pa* + GST (as at 7 March 2023)

For Sale by Investment Portfolio Auction

10:30am (AEDT) Tuesday 21 February 2023

Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx.

^approximate compound average growth rate (CAGR) over the past 5 years

^^excluding property management fees

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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7 Galena Street, BROKEN HILL, NSW, 2880

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Property Location of 7 Galena Street, BROKEN HILL, NSW, 2880

Property Map
7 Galena Street, BROKEN HILL, NSW, 2880 Broken Hill
Burgess Rawson - Queensland
Burgess Rawson - Queensland
Level 4, 260 Queen Street Brisbane QLD 4000
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