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190-192 Princes Highway
South Nowra NSW 2541
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Sold on 26 Oct 2016

190-192 Princes Highway South Nowra NSW 2541

  • Shop & Retail
  • 3,839 m²
  • Sold

Brand New Freestanding Retail Investments Securely Leased to Hungry Jack’s

Colliers International is proud to offer For Sale a newly built freestanding Hungry Jack’s drive-thru restaurant. The property is secured by a 15 year lease which expires in 2030 with options for a further 3 x 5 year terms.

Key Points:

- Net Income of $183,750 *^
- 15 year net lease to Hungry Jack’s expiring in 2030 with 3 x 5 year option to renew
- Fixed annual rental reviews commencing at 5%
- Secured by strong lease covenant to Hungry Jack’s Pty Ltd
- Strategically located in retail precinct of a regional hub
- Significant depreciation benefits available
- Site Area: 3,839* sqm
- Total GLA: 257.5* sqm

Hungry Jack's South Nowra is also offered as part of a portfolio with Shell Coles Express & Subway:
Web link for more details: colliers.com.au/27158

Public Auction
Wednesday 9 November at 10.30am (AEDT).
at Colliers International
Level 30, 225 George Street
Sydney NSW 2000

*approximately
^as at 1 December 2016
** Based on a CPI review of 1.75%

AUCTION

Auction date and time09/11/2016 00:00
Auction locationWednesday 9 November at 10.30am (AEDT) at Colliers International Sydney CBD

Property Highlights

Date Sold26 Oct 2016
Floor AreaAsk Agent
Land Area3,839 m²
ParkingOn site parking available
Property ID2013112385
Category
Last updated  7 Nov 2016
Map for 190-192 Princes Highway South Nowra NSW 2541

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Property Highlights

Date Sold26 Oct 2016
Floor AreaAsk Agent
Land Area3,839 m²
ParkingOn site parking available
Property ID2013112385
Category
Last updated  7 Nov 2016
Grosvenor Place Level 30/225 George St Sydney NSW 2000

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