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Hungry Jacks, 2 Stewart Street, Lithgow, NSW, 2790

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Hungry Jacks, 2 Stewart Street, Lithgow, NSW, 2790

Lithgow

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Hungry Jacks, 2 Stewart Street, Lithgow, NSW, 2790

Lithgow

SOLD
Hungry Jacks, 2 Stewart Street, Lithgow, NSW, 2790

Hungry Jacks, 2 Stewart Street, Lithgow, NSW, 2790

Properties / Sold / New South Wales / Lithgow
Tenanted Investment
Selling Method
Auction
Selling Details
Tuesday 4th June 2024 at 10:30am (AEST)
Land Area
3,134 m² (*approx)
Floor Area
316 m² (*approx)
Property Type
Retail, Other
Sub-type
Cafe/Restaurant
Terms
15 year lease expiring 2034, with options until 2054
Est. Income
$371,419 p/a
Fully Leased
Hungry Jack's
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Modern Hungry Jack’s Leased Investment
  • 100% leased to Hungry Jack's
  • Strong rental income & annual increases
  • Tenant pays 100% of all outgoings

JLL as the exclusive selling agent is pleased to offer Hungry Jack’s Lithgow For Sale by way of Public Auction.

This modern purpose-built drive-thru restaurant, completed in 2019, is an exceptional fast-food retail investment opportunity situated within Lithgow’s core convenience retail precinct.

Investment highlights include:

• Set on an expansive 3,134 sqm* site featuring three street frontages and generous associated parking

• Modern purpose built, high-quality restaurant completed in 2019 with significant depreciation benefits remaining

• 100% leased to Hungry Jack’s Pty Ltd, Australia’s 2 nd largest fast food company¹

• With over 50 years of history in Australia and over 440 restaurants nationally, Hungry Jack’s recorded an all-time high $2bn in annual sales¹

• Favourable lease structure - Tenant pays 100% of all outgoings

• Net income of $371,419.08 p.a.* plus GST with attractive 3% annual rent increases

• 15 year lease expiring 2034, with options until 2054

• Strategically positioned with notable retailers including; McDonalds, 7-Eleven, Zambrero and Red Rooster in immediate proximity

• Prominent exposure to Lithgow’s premier arterial road Great Western Highway, which serves as a major gateway between Sydney, the Blue Mountains and central-west NSW

* Approximate

¹ IBISWorld Competitive Foods Australia Pty Ltd June 2023

For Sale by way of Public Auction on Tuesday 4th June 2024 at 10:30am (AEST).

All enquiries, information requests, inspection arrangements and lodgement of offers are to be directed to the exclusive selling agents.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

2 Stewart Street Investment Summary

Property Type
Retail, Other
Sub-type
Cafe/Restaurant
Est. Income
$371,419 p/a
Tenant
Hungry Jack's
Terms
15 year lease expiring 2034, with options until 2054
Land Area
3,134 m² (*approx)
Floor Area
316 m² (*approx)
Selling Method
Auction
Auction Date
4 Jun 2024 10:30AM
Selling Details
Tuesday 4th June 2024 at 10:30am (AEST)

Investment Highlights

Modern Hungry Jack’s Leased Investment
  • 100% leased to Hungry Jack's
  • Strong rental income & annual increases
  • Tenant pays 100% of all outgoings

JLL as the exclusive selling agent is pleased to offer Hungry Jack’s Lithgow For Sale by way of Public Auction.

This modern purpose-built drive-thru restaurant, completed in 2019, is an exceptional fast-food retail investment opportunity situated within Lithgow’s core convenience retail precinct.

Investment highlights include:

• Set on an expansive 3,134 sqm* site featuring three street frontages and generous associated parking

• Modern purpose built, high-quality restaurant completed in 2019 with significant depreciation benefits remaining

• 100% leased to Hungry Jack’s Pty Ltd, Australia’s 2 nd largest fast food company¹

• With over 50 years of history in Australia and over 440 restaurants nationally, Hungry Jack’s recorded an all-time high $2bn in annual sales¹

• Favourable lease structure - Tenant pays 100% of all outgoings

• Net income of $371,419.08 p.a.* plus GST with attractive 3% annual rent increases

• 15 year lease expiring 2034, with options until 2054

• Strategically positioned with notable retailers including; McDonalds, 7-Eleven, Zambrero and Red Rooster in immediate proximity

• Prominent exposure to Lithgow’s premier arterial road Great Western Highway, which serves as a major gateway between Sydney, the Blue Mountains and central-west NSW

* Approximate

¹ IBISWorld Competitive Foods Australia Pty Ltd June 2023

For Sale by way of Public Auction on Tuesday 4th June 2024 at 10:30am (AEST).

All enquiries, information requests, inspection arrangements and lodgement of offers are to be directed to the exclusive selling agents.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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Hungry Jacks, 2 Stewart Street, Lithgow, NSW, 2790

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Property Location of Hungry Jacks, 2 Stewart Street, Lithgow, NSW, 2790

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Hungry Jacks, 2 Stewart Street, Lithgow, NSW, 2790 Lithgow
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