The Ultimate Fast Food Investment

159 millers road, altona north

Price on Request

  • Long Corporate Lease to Hungry Jack's
  • Prime Melbourne Inner Suburb
  • Large corner site

Property Details

Near full term 15 year lease directly to Hungry Jack's Pty Ltd to 2028 plus options to 2068
Lease guaranteed by Competitive Foods Australia Pty Ltd
Hungry Jack's: a national chain with 390+ stores Australia wide
Prominent 1,779 sqm corner site with 42.91 metres of road frontage
Busy main road position with 22,000 (Millers Rd) vehicles passing daily
Modern 210 sqm store with drive- through plus on-title parking
Annual rent reviews
Tenant responsible for rates plus repairs and maintenance
Attractive income tax saving depreciation benefits
Altona North: inner suburban location, 14km from Melbourne CBD
Net Income: $224,625 pa + GST (est August 2017)

Featured Details

Current Tenant Tenanted
Gross Building Area 210
Land Size 1,779 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001411

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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