Burgess Rawson is pleased to offer to the market Hungry Jack's Tighes Hill located at Lot 2, 350 Industrial Drive (Elizabeth Street), Tighes Hill (Newcastle) NSW for sale via our Investment Auction Portfolio 171.
This opportunity has the following key investment highlights:
+ New 12 year net lease to 2035 plus options to 2055
+ Hungry Jack's: national fast food giant operating 450 stores with 19,000+ employees
+ Fixed 3% annual rent increases ensuring long term compounding income growth
+ Highly desirable lease structure, Hungry Jack's pays all usual outgoings including council rates, water rates, insurances and land tax
+ Brand new 2023 construction, offering maximum depreciation benefits
+ Immaculate state-of-the-art facility with integral dual lane drive thru
+ High profile 1,047sqm site in brand new core trade retail and industrial precinct.
+ Significant frontage and direct access off major Industrial Drive thoroughfare
+ Strategically positioned within close proximity to national tenants Guzman Y Gomez, BP, ARB, Tool Kit Depot (Bunnings), Subway, Kia, Audi, Mazda, Subaru and an array of other highly reputable retail and industrial brands
+ Within close proximity to Newcastle Port which contributes $1.6 billion annually and supports 9,000 jobs
+ City of Newcastle: key growth region that supports a population of 174,000+ people and produces over $21 billion annually
+ Net Income: $290,775 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 17 September 2024
Yallamundi Rooms, Sydney Opera House
Also available as part of Burgess Rawson's September Portfolio Auction.
- Guzman y Gomez, Tighes Hill (Newcastle)
Please contact the exclusively appointed sales team for more information.
*Approx.
