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Burgess Rawson - Melbourne

1443 Sydney Road Campbellfield, VIC 3061

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1443 Sydney Road,
Campbellfield, VIC 3061

Shops & Retail • Other
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Sale - Auction Tue 10 Dec

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  • Train stations within 5 km of 1443 Sydney Road, Campbellfield, VIC 3061Distance
    Gowrie1.3 km
    Upfield Station2.7 km
    Broadmeadows Station3.4 km
    Merlynston Station3.6 km
    Jacana Station3.7 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 1443 Sydney Road, Campbellfield, VIC 3061Distance
    40-North Coburg Terminus/Sydney Rd (Coburg North)4.4 km
    39-Mercy College/Sydney Rd (Coburg North)4.7 km
    38-Renown St/Sydney Rd (Coburg)4.8 km
    38-Carr St/Sydney Rd (Coburg North)4.9 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 1443 Sydney Road, Campbellfield, VIC 3061Distance
    Camp Rd/Sydney Rd (Campbellfield)33 m
    Sydney Rd/Camp Rd (Campbellfield)109 m
    Sydney Rd/Mahoneys Rd (Campbellfield)155 m
    Campbellfield155 m
    Campbellfield Plaza/Mahoneys Rd (Campbellfield)246 m
    POWERED BY HERE ©
POWERED BY HERE ©

Rare 15 + 15 Year Triple Net Head Office Hungry Jack's Lease

  • 15 + 15 Year Head Office Lease
  • Tenants pays Land Tax & Insurance
  • Fixed 3.5% & 5% rent increases
Burgess Rawson and Domain Commercial Real Estate are pleased to offer to the market 1443 Sydney Road, Campbellfield VIC for sale via Portfolio Auction 173.

Investment highlights include:

+ Fifteen (15) year head office lease to October 2031
+ Fifteen (15) year option to 2046.
+ Hungry Jack’s: wholly owned subsidiary of Competitive Foods Australia Pty Ltd with annual revenue of $2 billion, up 12% from 2022.(1)
+ Fixed 3.5% annual rent increases plus 5% increase at option assuring growth.
+ Landlord-favourable, triple net lease terms with Hungry Jack’s responsible for rates, building insurance, public liability insurance and land tax.
+ Hungry Jack’s also responsible for all structural maintenance and repairs.
+ Highly sought after ‘essential service’ asset class.
+ Rent is substantially under market versus other metro comparable stores.
+ Proven 329sqm restaurant plus drive thru with circa $1 million Hungry Jack’s funded upgrade in 2016/17.
+ Irreplaceable Hume Highway position directly opposite Campbellfield Plaza including Coles, K-Mart, Officeworks & ALDI.
+ Prime 2,409sqm site with 55 car parks on-title and huge exposure with 61,000 VPD* (2)
+ Strategically located only 300 metres from the Western Ring Road on/off ramp.
+ Campbellfield: Melbourne’s most important industrial and logistics hub, situated only 14km north of the CBD.
+ Income: $239,659 pa* + GST

To be sold by Portfolio Investment Auction Number 172
to be held at 10.30am (AEDT) Wednesday, 11 December 2024
at Crown Casino, Melbourne

Contract the exclusively appointed agents for further information.

Burgess Rawson
Raoul Holderhead 0413 860 3...
Beau Coulter 0413 839 8...
Matthew Wright 0458 290 5...

Domain Commercial Real Estate
Dean Fornaro 0432 505 060


References:
* approx
1 Competitive Foods Australia
2 Gap Maps

Property ID: 504725956Last Updated: 31 Oct 2024

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
1443 Sydney Road
Campbellfield, VIC 3061

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