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: $135,000pa* + 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
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street, Melbourne, Vic