Stonebridge is pleased to present ‘McDonalds Glendale (Newcastle)’ for sale via National Portfolio Auction on Wednesday 24 September at 11am (AEST).

The asset has the following key investment features:

– Renewed 20 year net lease to 2046, to global powerhouse McDonald’s, with secure fixed 3% annual rental increases

– McDonald’s – Worlds largest & most recognisable fast food brand with 41,800+ restaurants across 119+ countries

– Land rich 2,227 sqm* ‘pad site’ boasting 27 car parks and strong exposure to major arterial (26,843+ daily vehicles)

– Premium fast food location adjoining Glendale City Centre, anchored by Coles, Target, Woolworths, K-Mart & 75+ specialties

– Glendale City Centre – Major shopping centre and fourth largest retail landholding in NSW boasting 4.8 million* visitors p.a.

– Freestanding fast food drive thru investment which is set to benefit from major internal and external store refurbishments funded by McDonald’s

– Favourable Net Lease – Tenant pays for all usual outgoings including Land Tax Rates, Insurance & General Repairs and Maintenance

– Newcastle – 2nd largest city in NSW with a current population of 404,920+ residents and a $50Bn* economy

– Net Income $450,000 pa* + GST

‘McDonalds Glendale (Newcastle)’ is for sale via National Portfolio Auction on Wednesday 24 September at 11am (AEST)

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 1399