9/13 Palmerston Street,
Warragul

Auction Location: Crown Casino, Melbourne

• Valuable 6 Year Net Lease to 2028
• Fixed 3% Annual Rent Increases
• Only 50% stamp duty payable

Burgess Rawson & Wilson Property are pleased to offer to the market, Daniels Donuts in Warragul on a 6-year lease for sale in Burgess Rawson's Portfolio Auction Investment on the 7th of December 2022.

The property has the following investment highlights:

• + 6 year lease to 2028 plus further options to 2036.
• + Daniels Donuts: leading food operator with 28 locations across Victoria.
• + Investor preferred net lease terms with the tenant responsible for all outgoings as per the lease.
• + Pristine retail premises with a recent capital-intensive fit-out to the latest corporate tenant design.
• + Strategically located in heart of Warragul CBD, situated between Harvey Norman and Priceline, directly opposite McDonald's and adjoining a Woolworths Supermarket with 200+ at grade public car spaces.
• + Prominent frontage to Victoria Street and exposure to an average of 5,300* vehicles daily.***
• + Commercial 1 Zone (C1Z), in Warragul's strongest commercial hub providing significant future development potential.
• + Household spending per capita on retail services in Warragul is 2.66% greater than the Victorian average***
• + Supported by important social infrastructure including 9 schools, servicing over 3,700 full-time students within a 2km radius***
• + Warragul: booming suburb, with the population forecasted to grow 61% by 2041 and a median house price of $610,000, up 63% in the last 5 years.**
• + Net Income: $35,000 pa* + GST (tenant pays all outgoings)

To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 7th December 2022
Crown Casino, Melbourne

*approx.
** forecast id.
*** gap maps