As New Hungry Jack's Freehold | 20 Year Lease to Leading Franchisee

Description

Burgess Rawson in conjunction with Dixon Commercial Real Estate are pleased to offer to the market Hungry Jack’s, 375 Wagga Road, Lavington (Albury) NSW for sale via our investment Portfolio Auction 170.

The investment has the following key highlights:

+ Long Twenty (20) year lease to 2040 plus Two (2) further Ten (10) year options to 2060.
+ 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.
+ Annual CPI rent reviews.
+ Immaculate 435sqm* restaurant constructed 2020 with important dual lane drive-thru.
+ Significant tax saving depreciation benefits.
+ High profile Wagga Road site with direct exposure to 21,000* with 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. ***
+ Net Income: $235,000pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Tuesday 6 August 2024
Yallamundi Rooms, Sydney Opera House

*Approx
**GapMaps
***albury.wodonga.gov.au

Enquire

Contact agents
Raoul Holderhead Partner
0413 860 304
Beau Coulter Partner
0413 839 898
Kieran Bourke Partner
0417 418 007
Enquiry Form

Lavington, NSW

375 Wagga Road

For Sale by Portfolio Auction
Tuesday 6th August 10:30AM Yallamundi Rooms, Sydney Opera House

This property is part of Portfolio 170

Price: Contact Agent

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