JLL as the exclusive selling agent is pleased to offer Hungry Jack's Lithgow For Sale by way of Public Auction.
This modern purpose-built drive-thru restaurant, completed in 2019, is an exceptional fast-food retail investment opportunity situated within Lithgow's core convenience retail precinct.
Investment highlights include:
-Set on an expansive 3,134 sqm* site featuring three street frontages and generous associated parking
-Modern purpose built, high-quality restaurant completed in 2019 with significant depreciation benefits remaining
-100% leased to Hungry Jack's Pty Ltd, Australia's 2 nd largest fast food company¹
With over 50 years of history in Australia and over 440 restaurants nationally, Hungry Jack's recorded an all-time high $2bn in annual sales¹
-Favourable lease structure - Tenant pays 100% of all outgoings
-Net income of $371,419.08 p.a.* plus GST with attractive 3% annual rent increases
-15 year lease expiring 2034, with options until 2054
-Strategically positioned with notable retailers including; McDonalds, 7-Eleven, Zambrero and Red Rooster in immediate proximity
-Prominent exposure to Lithgow's premier arterial road Great Western Highway, which serves as a major gateway between Sydney, the Blue Mountains and central-west NSW
* Approximate
¹ IBISWorld Competitive Foods Australia Pty Ltd June 2023
For Sale by way of Public Auction on Tuesday 4 th June 2024 at 10:30am (AEST).
All enquiries, information requests, inspection arrangements and lodgement of offers are to be directed to the exclusive selling agents.