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Rare Affordable Hungry Jack's Investment

20 Ryley Street, WANGARATTA VIC, 3677

Sold

Property Sold in 20 Ryley Street, WANGARATTA VIC, 3677

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11385354
Status:
Sold
Price:
Price on Request
Last Updated:
25/06/2020
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Property Type

Retail/Retail/Showrooms/Bulky Goods
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Land Area

1815 SQM
Icon size

Floor Area

250 SQM
Icon parking

Parking

N/A

Rare Affordable Hungry Jack's Investment

+ Landlord friendly Net ground lease to blue-chip tenant, Hungry Jack's Pty Ltd
+ Renewed 5 year Net lease plus option to December 2027
+ Fixed 3.5% increases plus market review at option
+ Modern improvements plus drive thru, constructed in 2007
+ Tenant responsible for rates, insurance, repairs, plant/equipment and structural works
+ Strategic 1,815 sqm ‘island site’ interconnected with Coles/Kmart
+ 23 car spaces on-title
+ Wangaratta: Important commercial centre servicing catchment population over 58,000
+ Income: $109,738 pa + GST (Current)
+ Income: $113,676 pa + GST (December 2020)

For Sale by Auction
10.30am AEST Wednesday 24 June
River Room, Crown Casino, Melbourne

To secure your place/seat at Crown, a bidder holding deposit of $1,000 will be required at least 2 days prior to the auction. If you wish to bid remotely, a holding deposit of $10,000, paid at least 2 days earlier than the 24th June, will be required to be deposited into our sales trust account. Should you be unsuccessful in securing a property, the full holding deposit will be returned within 48 hours. Please contact an agent to register.

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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