Sold

Hungry Jack's, 375 Wagga Road,
Lavington 2641, New South Wales

2,502m² land size
435m² building size
Retail

Price withheld


Property details

New 15 Year Lease! Modern Hungry Jack's Investment

RWC Retail are proud to present Hungry Jack's Lavington, for sale by Auction on Tuesday 15th July, 10:30am (AEST) at Mezzanine Level, 50 Margaret Street, Sydney NSW.

|What|
• Freestanding 435sqm* fast food restaurant.
• New 15 Year whole-of-land lease to 2040, with options to 2080
• Modern 2020 construction, providing first-class design and depreciation benefits
• Dual-lane drive-through
• Net Income of $203,350 + GST p.a.

|Where|
• High-profile 2,502* main road land parcel
• Exposure to over 147,000 vehicles weekly
• Substantial parking with 29 bays on-site
• Within a bustling retail precinct in the border town of Albury-Wodonga, with a population of over 100,000
• Already Australia's 20th largest city, Albury-Wodonga is projected to see population growth upwards of 40% in the coming 25 years

|Why|
• One of Australia's largest fast food brands, with over 475 locations nationwide
• CPI annual rental increases
• All usual outgoings recoverable
• Hungry Jack's experienced sales growth of 10% - 15% in the previous financial year, cementing their popularity in the Australian market

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