SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Rare Affordable Hungry Jack’s Investment

20 Ryley Street , Wangaratta VIC

Property Highlights

Landlord Friendly Net Ground Lease
Renewed 5 year lease to December 2027
Fixed 3.5% rent increases
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Description

Burgess Rawson are pleased to offer to the market 20 Ryley Street, Wangaratta VIC for sale via our Investment Portfolio Auction 157.

The property has the following investment highlights:

+ Renewed 5 year lease to December 2027 – No Option
+ Fixed 3.5% rent increases
+ Modern 350sqm* building plus drive thru, constructed in 2007
+ Tenant responsible for rates, insurance, repairs, plant/ equipment and structural works
+ Strategic 1,815sqm* ‘island site’ interconnected with Coles/Kmart
+ 23 car spaces on-title
+ Wangaratta: important commercial centre servicing catchment population over 48,500
+ Net Income: $121,564 pa* + GST

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

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
1,815 SQM
Building Area
350 SQM

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