McDonald's, 517 Mulgrave Road,
Cairns City, QLD 4870

Burgess Rawson is pleased to offer to the market this blue-chip metro McDonald’s, located at 517 Mulgrave Road, Earlville (Cairns) QLD for sale via our Investment Portfolio Auction 181.

This investment has the following key highlights:

+ 20 year ground lease to McDonald's to March 2044 plus Three (3) further Ten (10) & Two (2) further Five (5) year options through to March 2084.
+ McDonald's: the world’s largest fast-food giant with 44,000+ restaurants in over 119 countries.**
+ Ultra rare opportunity – first freestanding McDonald’s offered for sale in Queensland since April 2022.
+ Highly sought after rare ground lease structure - tenant responsible for all capital and structural repairs and maintenance as per the lease.
+ Investor preferred net lease terms, tenant pays outgoings including rates and land tax as per the lease.
+ Fixed 3% compounding annual rent increases ensuring strong rental growth.
+ Seamless integration with Earlville Shopping Town a dual supermarket, premier sub-regional shopping centre in Cairns, anchored by national tenants including Woolworths, Coles, BIG W, Target & Event Cinemas, supported by 110 specialty stores, over 2,400 car parks, $285m* MAT and servicing 5m* visitors annually.***
+ Significant 1,983sqm* pad site with superb frontage to over 37,000 vehicles* passing daily***** via Mulgrave Road, Cairn’s busiest arterial connecting the CBD to the Bruce Highway.
+ State-of-the-art 400sqm* restaurant with major tenant funded building and fit-out to McDonald’s latest corporate design and layout, pivotal dual-lane drive-thru and important 18 on-title car spaces.
+ Surrounded by important social infrastructure including the Cairns Aquarium, Trinity Bay State High School, St Mary’s Catholic College, Wooree State High School, Cairns School of Distance & Education and a further 7 schools servicing 11,192 full time students.****
+ Tourism plays a vital role in the Cairns Regional Council economy, with iconic destinations like the Great Barrier Reef and the Wet Tropics attracting 1.4 million domestic overnight visitors and contributing an impressive $2.2 billion annually.*****
+ Cairns: Queensland’s second-largest regional city outside of Southeast Queensland.
+ Cairns Regional Council: a thriving hub with a Gross Regional Product (GRP) of $11.46 billion and population projected to grow 35% to 241,000 by 2050.******
+ Estimated Net Income: $170,089 pa* + GST (As at March 2026)

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 9 December 2025
Yallamundi Rooms, Sydney Opera House

*Approx
**McDonald’s
***Earlville Shopping Town
****Gapmaps
*****Cairns.qld.gov.au
******Forecast.id