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Sold on 10 Aug 2021

1443 Hume Highway Campbellfield VIC 3061

  • Shop & Retail
  • 329 m²
  • Sold

Rare 15 + 15 Year Triple Net Lease to Hungry Jack's Head Office

    + Long Fifteen (15) year head office lease to October 2031 plus One (1) further Fifteen (15) year option to 2046.
    + Hungry Jack's: wholly owned subsidiary of Competitive Foods Australia Pty Ltd with $1.8 billion revenue in FY19-20.
    + Rare fixed 3.5% annual rent increases plus 5% increase at option assuring growth.
    + Landlord-favourable, triple net lease terms with Hungry Jack's responsible for rates, building insurance, public liability insurance and land tax.
    + Hungry Jack's also responsible for all structural maintenance and repairs.
    + Highly sought after 'essential service' asset class.
    + Proven 329sqm restaurant plus drive thru with circa $1 million Hungry Jack's funded upgrade in 2016/17.
    + Irreplaceable Hume Highway position directly opposite $74 million Campbellfield Plaza including Coles, K-Mart, Officeworks & ALDI.
    + Prime 2,409sqm site with 55 car parks on-title and huge exposure with 60,000 VPD*.
    + Strategically located only 300 metres from the Western Ring Road on/off ramp.
    + Campbellfield: Melbourne's most important industrial and logistics hub, situated only 14km north of the CBD.
    + Income: $216,157pa + GST (as at Nov 2021)

    To be sold by Burgess Rawson Investment Portfolio Auction
    Tuesday 10th August 2021
    Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

    Contact Selling Agents
    Burgess Rawson
    Raoul Holderhead 0413 860 304
    Beau Coulter 0413 839 898
    Matthew Wright 0458 290 588

    Domain Commercial Real Estate
    Dean Fornaro 0432 505 060

    AUCTION

    Auction date and time10/08/2021 10:30
    Auction location1443 Hume Highway, Campbellfield VIC
    Raoul Holderhead
    Burgess Rawson & Associates
    Raoul Holderhead
    Burgess Rawson & Associates
    Beau Coulter
    Burgess Rawson & Associates
    Beau Coulter
    Burgess Rawson & Associates
    Matthew Wright
    Burgess Rawson & Associates
    Matthew Wright
    Burgess Rawson & Associates

    Property Highlights

    Property ID2017123120
    Date Sold10 Aug 2021
    Floor Area329 m²
    Land Area2,409 m²
    ParkingAsk Agent
    Category
    Last updated  11 Aug 2021
    Map for 1443 Hume Highway Campbellfield VIC 3061
    Map for 1443 Hume Highway Campbellfield VIC 30611443 Hume Highway Campbellfield VIC 3061
    Raoul Holderhead
    Burgess Rawson & Associates
    Raoul Holderhead
    Burgess Rawson & Associates
    Beau Coulter
    Burgess Rawson & Associates
    Beau Coulter
    Burgess Rawson & Associates
    Matthew Wright
    Burgess Rawson & Associates
    Matthew Wright
    Burgess Rawson & Associates

    Property Highlights

    Property ID2017123120
    Date Sold10 Aug 2021
    Floor Area329 m²
    Land Area2,409 m²
    ParkingAsk Agent
    Category
    Last updated  11 Aug 2021
    Burgess Rawson & Associates
    Level 7, 140 Bourke Street Melbourne VIC 3000
    Raoul Holderhead
    Burgess Rawson & Associates
    Raoul Holderhead
    Burgess Rawson & Associates
    Beau Coulter
    Burgess Rawson & Associates
    Beau Coulter
    Burgess Rawson & Associates
    Matthew Wright
    Burgess Rawson & Associates
    Matthew Wright
    Burgess Rawson & Associates
    Raoul Holderhead

    Raoul Holderhead

    Burgess Rawson & Associates

    Beau Coulter

    Beau Coulter

    Burgess Rawson & Associates

    Matthew Wright

    Matthew Wright

    Burgess Rawson & Associates

    0413 *** ***
    0413 860 304

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