Hungry Jack's 155-159 Millers Road, Altona North, VIC, 3025

CBRE Melbourne Metropolitan Sales is offering for sale Hungry Jack’s Altona North representing an outstanding fast food investment, positioned in a high traffic retail thoroughfare just 10km* from The Melbourne CBD.

Key details are summarised below:

+ Freestanding asset 100% secured by Hungry Jack’s, an established blue-chip fast food retailer with over 440 locations across Australia

+ 15 year term to August 2028, plus an additional 4 X 10 year options extending the commitment to 2068

+ Prominent 1,779sqm* corner landholding with multiple points of access, 80m* of total street frontage and 19 valuable car spaces on title

+ Annual CPI rent escalations ensuring attractive rental growth prospects

+ Modern restaurant improvements over 210sqm* plus drive-thru constructed in 2013

+ Excellent visibility to 30,000*^ vehicles passing daily on Millers & Blackshaws Roads

+ Positioned in a thriving fast-food precinct with McDonalds, KFC and Subway restaurants adjacent

+ Close to Altona Gate Shopping Centre and near the Westgate Freeway on ramp

+ Net income $260,980* pa

Please contact CBRE for more information and to organise an inspection of the property.

Scott Hawthorne

+61 400 861 048

scott.hawthorne@cbre.com.au

David Minty

+61 422 564 199

david.minty@cbre.com

Nathan Mufale

+61 421 224 354

nathan.mufale@cbre.com.au

CBRE Asian Services Desk:

Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)

+61 411 059 116 (手机)

jj.heng@cbre.com (电子邮件)

jheng1206 (微信)

*approx

^VicRoads traffic data

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