Affordable Fast-Food Freehold

Description

Burgess Rawson together with Dixon Commercial are pleased to offer to market the Hungry Jack’s located at 421 Townsend Street, Albury NSW 2640 for sale via Portfolio Auction.

This property investment highlights included:

+ Brand new 10 year lease to 2035
+ Important 10 year options (x4) through to 2075
+ Annual CPI rent reviews
+ Investor preferred net lease terms with tenant paying usual outgoings as per the lease
+ Leading Riverina franchisee with 12 stores & growing
+ As new 396sqm* building constructed 2019 with depreciation benefits
+ 1,979sqm* CBD site opposite McDonald’s, close to Coles anchored West End Plaza
+ Important 28 on-site car spaces
+ Hume Street (Riverina Hwy) is a major connector road through the Albury CBD, linking Wodonga (southside), West Albury (west end), North and East Albury (via Young Street)
+ Albury/Wodonga: current trade catchment circa 100,000, with population forecast to soar by 24% to more than 120,000 by 2036
+ Net Income $173,047 pa* + GST

For Sale via Portfolio Auction Investment 175
10.30am (AEDT) on Wednesday 26 March 2025
Crown Casino, Melbourne VIC

Burgess Rawson
Raoul Holderhead | 0413 860 304
Geoff Sinclair | 0451 462 759
Beau Coulter | 0413 839 898

Dixon Commercial Real Estate
Oscar Dixon | 0408 212 299
Andrew Dixon | 0417 516 531

* Approx

Enquire

Contact agents
Raoul Holderhead Partner
0413 860 304
Geoff Sinclair Director
0451 462 759
Beau Coulter Partner
0413 839 898
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Albury, NSW

421 Townsend Street

For Sale by Portfolio Auction
Wednesday 26th March 10:30AM Crown Casino - River Room - Melbourne

This property is part of Portfolio 175

Price: Contact Agent

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