8 Maitland Road (new England Highway), Singleton NSW 2330
- 1 m²
- For Sale, Contact Agent
Trophy Freehold Investment Leased to Fast Food Giant
- Long term lease to Hungry Jack’s Pty Ltd
- Fixed 3.5% annual rent increases
- Net Income $276,085 pa + GST
Cushman and Wakefield are pleased to present to the market 8 Maitland Road (New England Highway), Singleton for sale via Offers to Purchase.
The property has the following key characteristics:
• 14 year lease to 2026 + options to 2036
• Hungry Jack’s Pty Ltd - One of Australia’s most iconic fast food chains with a network of over 420 stores nationally.
• Large 2,077 sqm site in the Singleton commercial centre
• Purpose built in 2012 with drive through facility, offering significant depreciation benefits
• High profile location on the New England Highway
• Strong trading store along main highway, neighbouring major tenants including McDonalds, Pizza Hut, Subway.
• Singleton - Main commercial business centre for the Hunter Valley region supported by mining, tourism and agriculture
• Tenant pays all usual outgoings (including Land Tax)
• Income growth locked in with fixed 3.5% annual rent increases
• Easily managed, single tenant freehold investment
• Net Income $276,085 pa + GST
For more information please contact the Exclusive agents at Cushman & Wakefield.
|Floor Area||1 m²|
|Land Area||2,077 m²|
|Parking||On site parking available|
|Building Type||Whole building|
|Annual Return||Ask Agent|
|Last updated||17 May 2019|