Long term secure 15 year lease to Hungry Jack's Pty Ltd plus options extending to 2045.
Latest specification Hungry Jack's restaurant with drive-thru and on-site parking for 19 cars, completed 2015.
Port Macquarie, major mid north coastal NSW city of 72,771 (ABS Census 2011).
High profile 1,719 sqm corner CBD site.
Substantial 80 metre plus retail frontage.
Attractive 3.5% annual rent increases.
Tenant pays outgoings as per lease.
Easily managed single tenant freehold investment.
Substantial tax depreciation benefits
Net Income: $207,500 pa + GST.
Auction 11am AEDT Tuesday 8 December
Sofitel Wentworth Hotel, Sydney