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Burgess Rawson - Sydney

Hungry Jack’s, Lot 5, 86 King Street Warrawong, NSW 2502

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Hungry Jack’s, Lot 5, 86 King Street,
Warrawong, NSW 2502

Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
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Price information

Sale - Auction Tue 6 Aug

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$305,000
Number of Tenants
1 Tenant
Tenants / Type
Hungry Jack’s

Auction

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Burgess Rawson - Sydney
Yosh Mendis
Geoff Sinclair
Rhys Parker

Burgess Rawson - Sydney

Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
Burgess Rawson - Sydney
Hungry Jack’s, Lot 5, 86 King Street
Warrawong, NSW 2502

Map of Hungry Jack’s, Lot 5, 86 King Street

Directions
  • Train stations within 5 km of Hungry Jack’s, Lot 5, 86 King Street, Warrawong, NSW 2502Distance
    Port Kembla North Station1.5 km
    Port Kembla Station1.7 km
    Cringila Station2.3 km
    Lysaghts Station3.6 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Hungry Jack’s, Lot 5, 86 King Street, Warrawong, NSW 2502Distance
    Warrawong Plaza, King St70 m
    King St Opp Warrawong Plaza76 m
    Warrawong Plaza, Cowper St131 m
    Cowper St Before First Av South156 m
    Cowper St After First Av South170 m
    POWERED BY HERE ©
POWERED BY HERE ©

Brand New Freestanding Hungry Jack's Investment | New 15 Year Net Lease

  • National Fast Food Giant: 450+ Stores
  • New 15 Year Net Lease + Opts to 2059
  • Net Income: $305,000 pa* + GST
Burgess Rawson is pleased to offer to the market Hungry Jack’s Warrawong located at Lot 5, 86 King Street, Warrawong (Wollongong) NSW for sale via our Investment Auction Portfolio 170.

This opportunity has the following key investment highlights:

+ Brand new 15 year net lease to 2039 plus options to 2059
+ Hungry Jack’s: national fast food giant operating over 450 stores with 19,000+ employees
+ Fixed 3% annual rent increases ensuring long term compounding income growth
+ Attractive net lease structure – Hungry Jack’s pays 100% of outgoings including land tax, property management and R & Ms
+ Brand new 2023 construction, offering maximum depreciation benefits
+ Immaculate state-of-the-art facility with important dual lane drive thru
+ Bayview Centre: premium fast food, liquor and large format retail centre completed in 2023, opposite the third largest Shopping centre in the Wollongong LGA, Warrawong Plaza
+ Ideally postioned within brand new nationally tenanted Bayview Centre neighbouring McDonald’s, Starbucks, Oporto, Liqourland/Domino's, Amart, JB Hi-Fi, Pillow Talk, Supercheap Auto, Road Tech Marine, Trek & AutoBarn.
+ Benefiting from the Bayview Centre’s 312 on-grade car parks including 11 exclusive car spaces
+ Favourable turnover rent provisions offering future rental upside
+ Warrawong: highly sought-after location in NSW’s booming South Coast, 8km* to Wollongong & 12km* to Shellharbour
+ Net Income: $305,000 pa* + GST (plus Hungry Jack's turnover rent)

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 6 August 2024
Yallamundi Rooms, Sydney Opera House

Also available as part of Burgess Rawson's August Portfolio Auction.

- McDonald’s Warrawong
- Starbucks Warrawong
- Oporto Warrawong
- Liqourland (Coles Group) & Domino's Warrawong

Bidder registration required, register here: www.portfolioauctions.com.au

Please contact the exclusively appointed sales team for more information.

*Approx.

Property ID: 504634012Last Updated: 8 Jul 2024

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