As New Hungry Jack’s Freehold | 12 Year Lease to Leading Franchisee
375 Wagga Road , Lavington NSW
Property Highlights
Description
Burgess Rawson in conjunction with Dixon Commercial Real Estate are pleased to offer to the market the Hungry Jacks in Lavington NSW.
The property has the following investment highlights:
+ New Twelve (12) year lease to 2035 plus Two (2) further Ten (10) year options to 2055.
+ Securely leased to leading franchisee with 12 stores and growing rapidly.
+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ Fixed 3% annual rent increases assuring growth.
+ Immaculate 435sqm* restaurant constructed 2020 with important dual drive-thru.
+ Significant tax saving depreciation benefits.
+ High profile Wagga Road site with 21,000*
+ vehicles passing daily. **
+ Position perfect 2,502sqm* freehold site amongst McDonalds, ALDI, KFC and major shopping centre.
+ Albury/Wodonga: fast growing population forecast to soar by 24% to more than 120,000 by 2036. ***
+ Rent: $225,000pa* + GST
*Approx **GapMaps ***albury.wodonga.gov.au
Property Details