Brand New 10 Year Head Office Lease to Hungry Jacks | Significant $1 Million+ Tenant Funded Refurbishment

Description

CBRE from CBRE is pleased to offer to the market Hungry Jack’s located at 1-5 Monahans Road (Cnr Cranbourne-Frankston Road), Cranbourne West VIC for sale via Investment Portfolio Auction 181.

The property has the following key investment highlights:

+ Brand new Ten (10) Year Head Office lease to April 2035 plus Two (2) further Ten (10) Year options to April 2055.
+ Hungry Jack’s: national fast-food chain with 460+ stores and over 25,000 employees, serving over 88m customers annually.**
+ Significant $1 million+ tenant funded refurbishment in line with Hungry Jack’s latest corporate layout and design.
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings (excluding land tax) as per the lease.
+ Fixed, compounding 3% annual rent increases ensuring continued income growth.
+ Prominent 1,830 sqm* corner site with 82 metres* main road frontage and exposure to Cranbourne-Frankston Road, a major arterial servicing 196,000 vehicles passing weekly.***
+ Immaculate 319 sqm* retail store, trading 24/7 on Fri & Sat, with important dual-lane drive thru and 15 on-site car parks.
+ Seamless integration with convenience retail and fast-food hub.
+ Surrounded by important social infrastructure including Monash Health, Cranbourne Secondary College, St Peter’s College, Cranbourne West Secondary College and a further 7 schools within a 3km* radius, servicing 8,132 full-time students.***
+ Prime position near Cranbourne Park Shopping Centre (Coles, Target, Kmart, Harris Scarfe, 95+ stores) servicing 6.3 million visitors annually**** and Cranbourne West SC (Woolworths + 15 specialties)*****
+ Cranbourne: Well-established residential area experiencing strong population growth, with projections indicating a 73% increase in the Cranbourne catchment over the next two decades.******
+ City of Casey: One of Victoria’s fastest growing LGA’s with population forecast to surge over 43% to a 614,075 by 2046.******
+ Net Income: $327,290 pa* + GST (as at April 2026)

For Sale via Investment Portfolio Auction 181
10:30am AEDT Wednesday 10 December 2025
The River Room, Crown Casino, Melbourne

*Approx
**Hungry Jacks
***Gapmaps
****Vicinity Centres
*****Mintus
******.id

Do you own a similar property?

Enquire

Contact agents
Jamie Perlinger Senior Director
0413 860 315
Beau Coulter Senior Director
0413 839 898
Justin Kramersh Director
0460 349 605
Enquiry Form
Privacy(Required)

Cranbourne West, VIC

1-5 Monahans Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 181

Contact agents
Enquire