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Hungry Jack's, 20 Ryley Street, Wangaratta, Vic 3677

Hungry Jack's, 20 Ryley Street, Wangaratta, Vic 3677

Retail Showrooms/Bulky Goods

  • Sold Contact Agent
  • Wed 24-Jun-20

Rare Affordable Hungry Jack's Investment

  • Head Office Company Tenant
  • Landlord Friendly Net Lease
  • Fixed 3.5% increases

  • Land Area
  • 1815.00 m² (approx)
  • Floor Area
  • 250 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Jul 11, 2020

Interested in this property? Contact an Agent today

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street

Melbourne Vic 3000

Beau Coulter, Burgess Rawson - Melbourne
Beau Coulter
Shaun Venables, Burgess Rawson - Melbourne
Shaun Venables
Raoul Holderhead, Burgess Rawson - Melbourne
Raoul Holderhead

Rare Affordable Hungry Jack's Investment

+ 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.

Hungry Jack's, 20 Ryley Street, Wangaratta, Vic 3677

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