424 Main Road Glenorchy TAS 7010

Renewed 5 year lease from July 2014 + 5 year option.
Fixed annual rental increases of 3.5% & 5.0% at each further option.
Hungry Jack's pay all usual outgoings including capital replacements.
Modern 350 sqm building with drive thru.
Large 2,908 sqm corner site with 34 car spaces on title
Glenorchy one of Tasmania's single biggest population catchment.
Close to Northgate Shopping Centre (Coles & Target) and Centro Glenorchy (Woolworths, Big W) and Village Cinemas.
Income tax saving depreciation.
Rent: $162,924 pa ($171,070 pa as at 2/7/14).

Interstate bidding is available by prior arrangement.