Description
High Yielding Fast Food Investment
Retail Sold - Mount Isa QLD
This is a rare opportunity to secure a high-yielding Hungry Jack’s head office leased investment.
Investment Highlights
– Hungry Jack’s head office lease to 2027 + options to 2047
– Large 2,016 sqm corner site with drive-thru facility
– Strategic highway position at entry to the Mount Isa CBD with dual street access
– Only Hungry Jack’s in Mount Isa serving a population in excess of 22,000 plus an extensive passing tourist market
– Fixed 4% annual increases
– Additional income from second tenancy and opportunity for further income from third tenancy
– Net Income: $322,019 pa + GST (as at July 2023)
Property Features
- Retail
- Land is 2,016 m²
- Floor Area is 410 m²
- About