As New Hungry Jack’s – 15 Year Head Office Lease to 2033
25 Norton Promenade , Dalyellup WA
Property Highlights
Description
+ Secure Fifteen (15) year head office lease to September 2033 plus options to 2053.
+ Hungry Jack’s: wholly owned subsidiary of Competitive Foods Group – revenue topped $2 billion for the first time in FY2021.
+ Investor preferred net lease terms with Hungry Jack’s paying all usual outgoings including Land Tax.
+ Generous fixed 3.5% annual rent increase assuring growth.
+ Flagship 280sqm restaurant constructed 2018 with dual lane drive thru.
+ Significant tax saving depreciation benefits on offer.
+ Prime 2,624sqm site with important dual retail frontage and 27 car parks on-title.
+ Position perfect on home bound side of Norton Promenade, just off Bussell Hwy.
+ Superbly located amongst Woolworths, BWS, McDonald’s and Liberty Fuel (Viva Energy).
+ Dalyellup: southern suburb of Greater Bunbury, 180km south of Perth, with circa 80,000+ trade catchment.
+ Net Income: $217,915pa + GST
For Sale by Investment Portfolio Auction
11am (AEDT) Wednesday 10 November 2021
Property Details