Rare Affordable Hungry Jack's Investment
Description
+ Landlord friendly Net ground lease to blue-chip tenant, Hungry Jack’s Pty Ltd
+ Renewed 5 year Net lease plus option to December 2027
+ Fixed 3.5% increases plus market review at option
+ Modern improvements plus drive thru, constructed in 2007
+ Tenant responsible for rates, insurance, repairs, plant/equipment and structural works
+ Strategic 1,815 sqm ‘island site’ interconnected with Coles/Kmart
+ 23 car spaces on-title
+ Wangaratta: Important commercial centre servicing catchment population over 58,000
+ Income: $109,738 pa + GST (Current)
+ Income: $113,676 pa + GST (December 2020)
For Sale by Auction
10.30am AEST Wednesday 24 June
River Room, Crown Casino, Melbourne
To secure your place/seat at Crown, a bidder holding deposit of $1,000 will be required at least 2 days prior to the auction. If you wish to bid remotely, a holding deposit of $10,000, paid at least 2 days earlier than the 24th June, will be required to be deposited into our sales trust account. Should you be unsuccessful in securing a property, the full holding deposit will be returned within 48 hours. Please contact an agent to register.
Do you own a similar property?
Enquire
Contact agents
Raoul Holderhead Senior Director
0413 860 304
Shaun Venables Senior Director
0411 860 865
Beau Coulter Senior Director
0413 839 898Enquiry Form
Wangaratta, VIC
20 Ryley Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 137
Contact agents
-
Raoul Holderhead Senior Director
0413 860 304 -
Shaun Venables Senior Director
0411 860 865 -
Beau Coulter Senior Director
0413 839 898