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Cushman & Wakefield - Sydney

22-26 Roderick Street Tamworth, NSW 2340

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22-26 Roderick Street,
Tamworth, NSW 2340

Shop & Retail • Showrooms & Bulky Goods • Other

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Cushman & Wakefield - Sydney
Michael Collins
Yosh Mendis
Geoff Sinclair

Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
Cushman & Wakefield - Sydney
22-26 Roderick Street
Tamworth, NSW 2340

Map of 22-26 Roderick Street

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

  • ASX & NZX Listed Fast Food Investment
  • Fixed 3% annual rent increases
  • Net Income $180,000 pa + GST
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.

Property ID: 503900602Last Updated: 12 Oct 2021

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Cushman & Wakefield - Sydney
Level 22, 1 O'Connell Street
SYDNEY, NSW 2000

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