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69-73 Cobra Street, Dubbo, NSW, 2830

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69-73 Cobra Street, Dubbo, NSW, 2830

69-73 Cobra Street, Dubbo, NSW, 2830

Properties / Sold / New South Wales / Dubbo
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
AUCTION
Land Area
2,834 m² (*approx)
Floor Area
275 m² (*approx)
Property Type
Retail
Sub-type
Cafe/Restaurant, Mixed Use
Terms
Secure Fifteen (15) year lease to 2035 plus three further Five (5) year options to 2050
Est. Income
$256,791 p/a
Fully Leased
Hungry Jack's
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2. Property Highlights

Trophy Freehold Hungry Jack's Investment

Raine & Horne Dubbo is proud to offer to the market 69 - 75 Cobra Street, Dubbo NSW for sale via our National Portfolio Auction Event.

With a secure Head Office Lease to Hungry Jack's until 2035 providing long-term income stability and a net income of $256,790* p.a plus GST, this is a trophy set and forget investment that is not to be missed.

Key Investment Features:

• Secure Fifteen (15) year lease to 2035 plus three further Five (5) year options to 2050

• Net Income of $256,790.85* per annum plus GST

• Compounding fixed 3% annual rent increases.

• Investor friendly net lease terms with tenant paying all usual outgoings as per lease.

• Significant tax saving depreciation benefits

• Hungry Jack's is the third most popular fast food franchise in Australia with an average of 4.2 million Australian customers each month and 450 stores nationally.

• Significant 2,834* square metre land holding with a 53* metre Cobra Street frontage.

• Superb 275 sqm* restaurant constructed in 2020 with duel lane drive through and capacity for fourteen (14) cars waiting to be served.

• High Profile Mitchell Highway (Cobra Street) site with an average daily passing traffic count of over 19,000 vehicles passing daily.

• Home to 55,894 people, the Dubbo region supports 26,650 jobs and has an annual economic output of $8.620 billion.

To be sold at Public Auction - Auctionworks, 50 Margaret Street, Sydney at the Raine & Horne Commercial National Portfolio Auction.

For more information on this outstanding property, please contact the exclusive listing agents Raine & Horne Commercial Dubbo.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail
Sub-type
Cafe/Restaurant, Mixed Use
Est. Income
$256,791 p/a
Tenant
Hungry Jack's
Terms
Secure Fifteen (15) year lease to 2035 plus three further Five (5) year options to 2050
Land Area
2,834 m² (*approx)
Floor Area
275 m² (*approx)
Selling Method
Auction
Auction Date
30 Nov 2023 10:30AM
Selling Details
AUCTION

2. Property Highlights

Trophy Freehold Hungry Jack's Investment

Raine & Horne Dubbo is proud to offer to the market 69 - 75 Cobra Street, Dubbo NSW for sale via our National Portfolio Auction Event.

With a secure Head Office Lease to Hungry Jack's until 2035 providing long-term income stability and a net income of $256,790* p.a plus GST, this is a trophy set and forget investment that is not to be missed.

Key Investment Features:

• Secure Fifteen (15) year lease to 2035 plus three further Five (5) year options to 2050

• Net Income of $256,790.85* per annum plus GST

• Compounding fixed 3% annual rent increases.

• Investor friendly net lease terms with tenant paying all usual outgoings as per lease.

• Significant tax saving depreciation benefits

• Hungry Jack's is the third most popular fast food franchise in Australia with an average of 4.2 million Australian customers each month and 450 stores nationally.

• Significant 2,834* square metre land holding with a 53* metre Cobra Street frontage.

• Superb 275 sqm* restaurant constructed in 2020 with duel lane drive through and capacity for fourteen (14) cars waiting to be served.

• High Profile Mitchell Highway (Cobra Street) site with an average daily passing traffic count of over 19,000 vehicles passing daily.

• Home to 55,894 people, the Dubbo region supports 26,650 jobs and has an annual economic output of $8.620 billion.

To be sold at Public Auction - Auctionworks, 50 Margaret Street, Sydney at the Raine & Horne Commercial National Portfolio Auction.

For more information on this outstanding property, please contact the exclusive listing agents Raine & Horne Commercial Dubbo.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

69-73 Cobra Street, Dubbo, NSW, 2830

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