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30 Mill Lane
Nambour QLD 4560
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Sold on 11 Oct 2021

30 Mill Lane Nambour QLD 4560

  • Shop & Retail
  • 404 m²
  • Sold

Brand New Hungry Jacks Drive-Thru Investment With Value Add Potential

  • Current estimated net Income $196,596pa*
  • WALE: 8.45 years* by income
  • Anchored by Hungry Jacks on a 10yr Lease

30 Mill Lane Nambour is a rare opportunity to acquire a brand new Hungry Jacks Drive-Thru restaurant with a 10 year lease in place until 2030. Newly built in 2020, the site is located within Nambour's newest and emerging retail precincts, directly opposite from the Coles anchored Mill Shopping complex and enjoys a significant value add opportunity.

30 Mill Lane enjoys multiple income streams and proudly offers an exceptional weighted average lease profile of 8.45 years. The property also provides a value opportunity through a high profile land parcel DA approved for a further 566sqm NLA*.

- Land area 3,662sqm*
- Building area 404sqm* NLA
Passing gross rent - $214,200 per annum*
- Income secured by national fast food franchise Hungry Jacks
- Multiple income streams
- Excellent WALE of 8.45 years
- 34 on-site car parks
- High profile corner allotment opposite Coles anchored shopping complex
- Value add opportunity through a 896m2 DA site approved for a further 566m2 NLA retail showroom

Sold Prior to Auction

For more information or to arrange an inspection please contact exclusive marketing agents Daniel Vella or Jesse Howitt.

*Approximately

Property Highlights

Date Sold11 Oct 2021
Floor Area404 m²
Land Area3,662 m²
ParkingAsk Agent
Property ID2017081299
Category
Last updated  10 Oct 2021
Map for 30 Mill Lane Nambour QLD 4560

Property Highlights

Date Sold11 Oct 2021
Floor Area404 m²
Land Area3,662 m²
ParkingAsk Agent
Property ID2017081299
Category
Last updated  10 Oct 2021
Level 5, 57 The Esplanade Cotton Tree QLD 4558

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