69-73 Cobra Street, Dubbo, NSW 2830

Floor Area:

275sqm

Land Area:

2834sqm

Sold

Auctioned

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.

Joe Burgun

Director

Thomas Haylock

Commercial Sales and Leasing

Got a property to sell? Contact us for a free Request Appraisal

Property Info:

Property ID: L25116674
Property Type:Retail
Building / Floor Area:275 sqm
Land Area:2834 sqm

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