190-192 Princes Highway,
South Nowra, NSW 2541
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Sold on
Map of 190-192 Princes Highway
Brand New Freestanding Retail Investments Securely Leased to Hungry Jack’s
- 15 year lease expiring in 2030
- Fixed annual reviews commencing at 5%
- Secure lease covenant to Hungry Jack’s
Colliers International is proud to offer For Sale a newly built freestanding Hungry Jack’s drive-thru restaurant. The property is secured by a 15 year lease which expires in 2030 with options for a further 3 x 5 year terms.
Key Points:
- Net Income of $183,750 *^
- 15 year net lease to Hungry Jack’s expiring in 2030 with 3 x 5 year option to renew
- Fixed annual rental reviews commencing at 5%
- Secured by strong lease covenant to Hungry Jack’s Pty Ltd
- Strategically located in retail precinct of a regional hub
- Significant depreciation benefits available
- Site Area: 3,839* sqm
- Total GLA: 257.5* sqm
Hungry Jack's South Nowra is also offered as part of a portfolio with Shell Coles Express & Subway:
Web link for more details: colliers.com.au/27158
Public Auction
Wednesday 9 November at 10.30am (AEDT).
at Colliers International
Level 30, 225 George Street
Sydney NSW 2000
*approximately
^as at 1 December 2016
** Based on a CPI review of 1.75%
Key Points:
- Net Income of $183,750 *^
- 15 year net lease to Hungry Jack’s expiring in 2030 with 3 x 5 year option to renew
- Fixed annual rental reviews commencing at 5%
- Secured by strong lease covenant to Hungry Jack’s Pty Ltd
- Strategically located in retail precinct of a regional hub
- Significant depreciation benefits available
- Site Area: 3,839* sqm
- Total GLA: 257.5* sqm
Hungry Jack's South Nowra is also offered as part of a portfolio with Shell Coles Express & Subway:
Web link for more details: colliers.com.au/27158
Public Auction
Wednesday 9 November at 10.30am (AEDT).
at Colliers International
Level 30, 225 George Street
Sydney NSW 2000
*approximately
^as at 1 December 2016
** Based on a CPI review of 1.75%
Property ID: 502135038Last Updated: 12 Apr 2017
190-192 Princes Highway
South Nowra, NSW 2541
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Cotton On, 88 Junction Street,Nowra, NSW 2541 479 m²Shops & Retail • Showrooms & Large Format Retail • Other
Contact Agent
KFC Bomaderry 166 Cambewarra Rd,Bomaderry, NSW 2541 2801 m²Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Contact Agent
273 Princes Highway,Bomaderry, NSW 2541 0.5 ha (1.24 acres)Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial