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69-73 Cobra Street
Dubbo NSW 2830
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Sold on 30 Nov 2023

69-73 Cobra Street Dubbo NSW 2830

  • Shop & Retail
  • 275 m²
  • Sold

Trophy Freehold Hungry Jack's Investment

    Raine & Horne Dubbo is proud to offer to the market 69 - 75 Cobra Street, Dubbo NSW for sale via our National Portfolio Auction Event.
    With a secure Head Office Lease to Hungry Jack's until 2035 providing long-term income stability and a net income of $256,790* p.a plus GST, this is a trophy set and forget investment that is not to be missed.

    Key Investment Features:
    • Secure Fifteen (15) year lease to 2035 plus three further Five (5) year options to 2050
    • Net Income of $256,790.85* per annum plus GST
    • Compounding fixed 3% annual rent increases.
    • Investor friendly net lease terms with tenant paying all usual outgoings as per lease.
    • Significant tax saving depreciation benefits
    • Hungry Jack's is the third most popular fast food franchise in Australia with an average of 4.2 million Australian customers each month and 450 stores nationally.
    • Significant 2,834* square metre land holding with a 53* metre Cobra Street frontage.
    • Superb 275 sqm* restaurant constructed in 2020 with duel lane drive through and capacity for fourteen (14) cars waiting to be served.
    • High Profile Mitchell Highway (Cobra Street) site with an average daily passing traffic count of over 19,000 vehicles passing daily.
    • Home to 55,894 people, the Dubbo region supports 26,650 jobs and has an annual economic output of $8.620 billion.

    To be sold at Public Auction - Auctionworks, 50 Margaret Street, Sydney at the Raine & Horne Commercial National Portfolio Auction.

    For more information on this outstanding property, please contact the exclusive listing agents Raine & Horne Commercial Dubbo.

    Property Highlights

    Date Sold30 Nov 2023
    Floor Area275 m²
    Land Area2,834 m²
    ParkingAsk Agent
    Property ID2018864463
    Category
    Last updated  10 Dec 2023
    Map for 69-73 Cobra Street Dubbo NSW 2830

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    Property Highlights

    Date Sold30 Nov 2023
    Floor Area275 m²
    Land Area2,834 m²
    ParkingAsk Agent
    Property ID2018864463
    Category
    Last updated  10 Dec 2023

    Co-Agents

    Raine & Horne Dubbo
    Call
    0418649871

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