Hungry Jack's Mentone, 161-163 Nepean Highway,
Mentone, VIC 3194
Shops & Retail
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Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
Hungry Jack's Mentone, 161-163 Nepean Highway
Mentone, VIC 3194
Map of Hungry Jack's Mentone, 161-163 Nepean Highway
Rarely Offered Hungry Jack's Investment in Coveted Bayside Location
- Single-tenanted, freestanding investment
- Renewed 5-year lease plus options
- Substantial landholding of 1,354sq m*
Savills Retail Investments are excited to offer for sale a 100% freehold interest in Hungry Jack’s Mentone in what is the first freestanding fast-food investment offered to market in Victoria in 2024.
Key investment highlights:
- Single-tenanted, minimal-management investment leased to Hungry Jack’s (440 stores nationally)
- Recently refurbished dine-in & t/a restaurant with drive-thru facility
- Renewed 5-year lease commencing 1 November 2023 with 2 x 5-year options
- Dual street access via Nepean Hwy and Lower Dandenong Rd (77,000* cars daily)
- Significant landholding of 1,354sq m*
- Highly complementary co-location with KFC on integrated site driving customer flow
- Commercial 1 zoning, offering significant scope for future mixed-use development
- Fixed 3.00% annual rent escalations ensuring growth
- Mentone: Thriving inner-bayside suburb of metropolitan Melbourne with median house price of $1,308,000*
*Approx.
For Sale by Expressions of Interest (EOI) closing 3:00pm AEDT on Wednesday 20 March 2024.
Key investment highlights:
- Single-tenanted, minimal-management investment leased to Hungry Jack’s (440 stores nationally)
- Recently refurbished dine-in & t/a restaurant with drive-thru facility
- Renewed 5-year lease commencing 1 November 2023 with 2 x 5-year options
- Dual street access via Nepean Hwy and Lower Dandenong Rd (77,000* cars daily)
- Significant landholding of 1,354sq m*
- Highly complementary co-location with KFC on integrated site driving customer flow
- Commercial 1 zoning, offering significant scope for future mixed-use development
- Fixed 3.00% annual rent escalations ensuring growth
- Mentone: Thriving inner-bayside suburb of metropolitan Melbourne with median house price of $1,308,000*
*Approx.
For Sale by Expressions of Interest (EOI) closing 3:00pm AEDT on Wednesday 20 March 2024.
Property ID: 504522320Last Updated: 25 Mar 2024
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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