Watch Watch
Your home of Commercial Ready videos
Watch Watch
Back
Sold Check

Hungry Jack's Mentone, 161-163 Nepean Highway, Mentone, VIC, 3194

+9 Photos
/
Images
Close

Hungry Jack's Mentone, 161-163 Nepean Highway, Mentone, VIC, 3194

Mentone

×
Sold Check
+11 Photos

Hungry Jack's Mentone, 161-163 Nepean Highway, Mentone, VIC, 3194

Mentone

SOLD
Hungry Jack's Mentone, 161-163 Nepean Highway, Mentone, VIC, 3194

Hungry Jack's Mentone, 161-163 Nepean Highway, Mentone, VIC, 3194

Properties / Sold / Victoria / Mentone
Tenanted Investment
Selling Method
Expression of Interest
Selling Details
Closing 3pm (AEDT) Wednesday 20 March 2024
Land Area
1,354 m² (*approx)
Floor Area
420 m² (*approx)
Property Type
Retail
Terms
Renewed 5-year lease commencing 1 November 2023 with 2 x 5-year options
Est. Income
$185,000 p/a
Fully Leased
Hungry Jack’s
Zone
Commercial 1 Zone
Show All
Rarely Offered Hungry Jack's Investment in Coveted Bayside Location
  • Single-tenanted, freestanding investment
  • Renewed 5-year lease plus options
  • Substantial landholding of 1,354sq m*

Savills Retail Investments are excited to offer for sale a 100% freehold interest in Hungry Jack’s Mentone in what is the first freestanding fast-food investment offered to market in Victoria in 2024.

Key investment highlights:

- Single-tenanted, minimal-management investment leased to Hungry Jack’s (440 stores nationally)

- Recently refurbished dine-in & t/a restaurant with drive-thru facility

- Renewed 5-year lease commencing 1 November 2023 with 2 x 5-year options

- Dual street access via Nepean Hwy and Lower Dandenong Rd (77,000* cars daily)

- Significant landholding of 1,354sq m*

- Highly complementary co-location with KFC on integrated site driving customer flow

- Commercial 1 zoning, offering significant scope for future mixed-use development

- Fixed 3.00% annual rent escalations ensuring growth

- Mentone: Thriving inner-bayside suburb of metropolitan Melbourne with median house price of $1,308,000*

*Approx.

For Sale by Expressions of Interest (EOI) closing 3:00pm AEDT on Wednesday 20 March 2024.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

161-163 Nepean Highway Investment Summary

Property Type
Retail
Est. Income
$185,000 p/a
Tenant
Hungry Jack’s
Terms
Renewed 5-year lease commencing 1 November 2023 with 2 x 5-year options
Land Area
1,354 m² (*approx)
Floor Area
420 m² (*approx)
Zone
Commercial 1 Zone
Selling Method
Expression of Interest
Selling Details
Closing 3pm (AEDT) Wednesday 20 March 2024

Investment Highlights

Rarely Offered Hungry Jack's Investment in Coveted Bayside Location
  • Single-tenanted, freestanding investment
  • Renewed 5-year lease plus options
  • Substantial landholding of 1,354sq m*

Savills Retail Investments are excited to offer for sale a 100% freehold interest in Hungry Jack’s Mentone in what is the first freestanding fast-food investment offered to market in Victoria in 2024.

Key investment highlights:

- Single-tenanted, minimal-management investment leased to Hungry Jack’s (440 stores nationally)

- Recently refurbished dine-in & t/a restaurant with drive-thru facility

- Renewed 5-year lease commencing 1 November 2023 with 2 x 5-year options

- Dual street access via Nepean Hwy and Lower Dandenong Rd (77,000* cars daily)

- Significant landholding of 1,354sq m*

- Highly complementary co-location with KFC on integrated site driving customer flow

- Commercial 1 zoning, offering significant scope for future mixed-use development

- Fixed 3.00% annual rent escalations ensuring growth

- Mentone: Thriving inner-bayside suburb of metropolitan Melbourne with median house price of $1,308,000*

*Approx.

For Sale by Expressions of Interest (EOI) closing 3:00pm AEDT on Wednesday 20 March 2024.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

Finance Calculator

Hungry Jack's Mentone, 161-163 Nepean Highway, Mentone, VIC, 3194

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
$xxx,xxx
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of Hungry Jack's Mentone, 161-163 Nepean Highway, Mentone, VIC, 3194

Property Map
Hungry Jack's Mentone, 161-163 Nepean Highway, Mentone, VIC, 3194 Mentone
calculator-icon Yield Calculator
calcultor-icon Yield Calculator