53 Sunshine Avenue, St Albans (VIC 3021) is an ultra-rare freestanding McDonald’s investment offered as part of CBRE’s Investment Portfolio Auction 177. The listing highlights that it was the first freestanding McDonald’s restaurant in Victoria to be brought to market since 2015, and it was ultimately marketed/sold via the portfolio auction program.

A key feature of the opportunity is the brand-new 20-year ground lease to McDonald’s through to 2045, with two further 10-year options extending potential tenure through to 2065. The ground lease structure is described as investor-preferred, with the tenant responsible for capital and structural repairs and maintenance, and paying 100% of outgoings (including rates, insurance, and land tax for a single holding). The lease also includes fixed 3% compounding annual rent increases.

The asset sits on a 2,955 sqm site* with prominent exposure to heavy traffic flows, and the restaurant is described as a state-of-the-art facility with dual-lane drive-thru and 28 on-title car spaces. It forms part of a new convenience retail precinct alongside other well-known operators including 7-Eleven, Zambrero, Starbucks and El Jannah, positioned near access ramps to the Western Ring Road (M80).

The listing also notes an estimated net income of $175,000 p.a. + GST (approx.), and situates St Albans around 17 km from Melbourne’s CBD, with referenced population growth forecasts for the suburb and broader economic context for the City of Brimbank.