Brand New Fast Food Investment

620 albany creek road, albany creek qld

Price on Request

  • New 12 + 10 + 10 Year Lease to 2050
  • Attractive 3.5% rental increases
  • Significant depreciation benefits

Property Details

New 12 year lease to Hungry Jack's to 2030
Rare, two further 10 year options to 2050
Attractive 3.5% annual rental increases and to market at option
Hungry Jack's: Iconic national fast food chain with 390+ stores nationally
New 223 sqm freestanding flagship store fitted out to Hungry Jack’s latest corporate design and layout with drive thru
High profile 1,446 sqm corner site adjoining soon to be completed childcare centre and opposite ALDI retail centre
Busy metropolitan location with 17,000+ vehicles passing daily
Prominent location at the entrance to the popular Albany Creek retail precinct and only 750m from both Albany Creek Square and Woolworths Marketplace, with national retailers including McDonald’s, KFC, Coles and Dan Murphy’s
Significant income tax saving depreciation benefits
Estimated Net Income: $186,000 pa + GST and outgoings

Auction 11am AEST Wednesday 12 September 2018
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 223 sqm
Land Size 1,446 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002454

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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