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SOLD

151 George Street, Beenleigh, QLD, 4207

Properties / Sold / Queensland / Beenleigh

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Closing Thursday 30th November 2023 at 4:00pm (AET).

Land Area

2,609 m² (*approx)

Floor Area

271 m² (*approx)

Property Type

Retail

Sub-type

Cafe/Restaurant

Terms

Underpinned by a highly sought-after 13-year initial lease term with additional options extending to 2050

Est. Income

$239,000 p/a

Fully Leased

Hungry Jack’s

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2. Property Highlights

A BLUE CHIP TROPHY INVESTMENT 100% LEASED TO AUSTRALIA'S FAVOURITE BURGER CHAIN.

Blue-chip National Fast Food Retailer
Dominant exposure on high profile site
Favourable 13 year inital net lease

CBRE Retail Investments is pleased to present to market Hungry Jack's Beenleigh.

- Recently built in 2020, the property is 100% secured by Hungry Jack’s, an established blue-chip retailer with over 440 stores across Australia.

- Underpinned by a highly sought-after 13-year initial lease term with additional options extending to 2050.

- Dominant 2,609sqm* site with a 39m* direct frontage to George Street.

- Strategically located in the heart of the Beenleigh retail hub alongside other powerhouse retailers including Beenleight Marketplace, Taco Bell, Supercheap and Petbarn.

- Hungry Jack’s features a dual bay drive-thru with an additional 38 on-grade car bays, and is easily accessible off George Street via a signalised intersection.

- Located in a major growth corridor area at the midway point between Brisbane and the Gold Coast, the property is situated 33km* south-east of the Brisbane CBD and 38km north-west* of Surfers Paradise.

- A set and forget retail investment, boasting an easily managed and defensive income stream with built in income growth of 3.5% p.a.

- Net Income $239,000 per annum*^ + GST.

Hungry Jacks Beenleigh is for sale via expressions of interest closing Thursday 30th November 2023 at 4:00pm (AET).

For further information on this opportunity, please reach out to the sales and marketing agents.

Remember to mention you found this property on CommercialReady