Sold
Hungry Jack's Coopers Plains, 19 Kessels Road,
Coopers Plains 4108, Queensland
Price withheld
Property details
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Agents
Ultra-Rare Brisbane Fast Food Centre
RWC Retail are proud to present Hungry Jack's Coopers Plains, for sale by Auction. On offer is a fast food convenience centre leased to some of Australia's largest operators.
|What|
• Fully leased fast food convenience centre comprising 5 tenants
• Anchored by a drive-through Hungry Jack's for 17 years
• Hungry Jack's have recently renewed their head office lease to 2029, with a further 5 year option to 2034
• Supported by high-performing fast food tenants including Pizza Hut, Subway, Zambrero and Chinese Antique
• 27 on-site parking bays
• 4.88* Year WALE
• Net Income of $397,027* + GST p.a.
|Where|
• High-profile 3,054sqm* land parcel with 203m* of main road frontage & co-located with a longstanding Aldi Supermarket
• Exposure to one of Brisbane's busiest intersections, seeing over 485,000^ vehicles passing weekly
• 9km* South of the Brisbane CBD serving the broader Sunnybank & Mount Gravatt catchments
• Surrounded by significant traffic-generating amenities including Griffith University, QE2 Jubilee Hospital and QSAC Stadium - set to host the 2032 Brisbane Olympics
• 5 schools within a 2km* catchment
|Why|
• Fully leased since 2009, with 90% of income underpinned by national brands
• A true set & forget investment, with a long WALE and all tenants on fixed rental reviews between 3% & 4%
• Highly convenient location with the perfect tenant mix to cater for local demand
• In 2023, Hungry Jack's surpassed $2 billion in sales for the first time, seeing 11% growth from 2022
Auction on Friday 23rd August 2024, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City
*Approximately
^Planwisely
|What|
• Fully leased fast food convenience centre comprising 5 tenants
• Anchored by a drive-through Hungry Jack's for 17 years
• Hungry Jack's have recently renewed their head office lease to 2029, with a further 5 year option to 2034
• Supported by high-performing fast food tenants including Pizza Hut, Subway, Zambrero and Chinese Antique
• 27 on-site parking bays
• 4.88* Year WALE
• Net Income of $397,027* + GST p.a.
|Where|
• High-profile 3,054sqm* land parcel with 203m* of main road frontage & co-located with a longstanding Aldi Supermarket
• Exposure to one of Brisbane's busiest intersections, seeing over 485,000^ vehicles passing weekly
• 9km* South of the Brisbane CBD serving the broader Sunnybank & Mount Gravatt catchments
• Surrounded by significant traffic-generating amenities including Griffith University, QE2 Jubilee Hospital and QSAC Stadium - set to host the 2032 Brisbane Olympics
• 5 schools within a 2km* catchment
|Why|
• Fully leased since 2009, with 90% of income underpinned by national brands
• A true set & forget investment, with a long WALE and all tenants on fixed rental reviews between 3% & 4%
• Highly convenient location with the perfect tenant mix to cater for local demand
• In 2023, Hungry Jack's surpassed $2 billion in sales for the first time, seeing 11% growth from 2022
Auction on Friday 23rd August 2024, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City
*Approximately
^Planwisely
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Contact Lachlan O'Keeffe
Contact Lachlan O'Keeffe
Lachlan O'Keeffe
Hungry Jack's Coopers Plains, 19 Kessels Road, Coopers Plains QLD 4108
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Lachlan O'Keeffe
Hungry Jack's Coopers Plains, 19 Kessels Road, Coopers Plains QLD 4108