Bondi Junction fast food trophy asset listed for the first time

Bondi Junction fast food trophy asset listed for the first time
Bondi Junction fast food trophy asset listed for the first time

A trophy fast food asset at Bondi Junction has been listed for sale for the first time.

It's been the home of Guzman y Gomez since 2006. It was the Mexican fast food giant's second store to ever open in Australia.

Before that it was occupied by Giorgio's Fine Foods.

The property at 1a Bronte Road has a secure income of $189,199 per annum plus GST, with a fixed four percent annual rent increase.

The two storey freehold investment is zoned B3 Commercial.

Cushman & Wakefield agents Anthony Bray and Yosh Mendis have an August 22 auction.

There will be remote bidding facilities in Brisbane and Melbourne.

The last sale on the small section of Bronte Road opposite Westfield was in 2003 when 3A-5 Bronte Road, the old Bondi Junction Medial Centre, sold for $8.9 million.

It is currently leased to Suncorp.

 

 

 

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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Bondi Junction Fast Food

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