Hungry Jack’s – New 10 Year Head Office Lease

Corner Port Kennedy Drive & Warnbro Sound Avenue, Port Kennedy WA

Property Highlights

Thriving Perth Hungry Jack's Store
New 10 Year Lease to Hungry Jack's
Tenant pays outgoings incl. Land Tax
Register to Bid

Description

+ Brand new 10 year net lease to Hungry Jack’s Pty Ltd plus options to 2041.
+ Fixed annual 2% increases.
+ Tenant is wholly owned subsidiary of Competitive Foods Australia Pty Ltd – $1.81 billion revenue FY19-20.
+ Tenant pays usual outgoings as per the lease including Land Tax.
+ Long proven and established 24 hour store with drive-thru, established 18 years.
+ Important 41 on-site car spaces with integration to adjoining Caltex.
+ Prime 3,435 sqm* corner site with huge exposure to 14,600 vehicles passing daily.
+ Port Kennedy Drive is the main vehicular thoroughfare connecting Port Kennedy to the Kwinana Freeway (Perth CBD / Mandurah).
+ Port Kennedy: situated in Perth’s southern growth corridor. Part of City of Rockingham council with 74% population growth to 239,147 by 2041.
+ Income: $200,000 pa* + GST.

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne

Contact Agent
Raoul Holderhead 0413 860 304
Beau Coulter 0413 839 898
Christopher Carcione 0415 393 082
Rob Selid 0412 198 294

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
3,435 SQM
Building Area
252 SQM

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