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Retail Sold - Mount Isa QLD
High Yielding Fast Food Investment
Sold $3,600,000
Retail Sold - Mount Isa QLD

27 Corbould Street, Mount Isa QLD 4825

Sold $3,600,000
High Yielding Fast Food Investment
27 Corbould Street, Mount Isa QLD 4825
Property Features
  • Retail
  • Land is 2,016 m²
  • Floor Area is 410 m²

Description

Sold $3,600,000
Retail
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
Sarah Broad
0475 944 322
07 3220 3611

Agent iNFORMATION

Sarah Broad
Mobile 0475 944 322
Office 07 3220 3611

Make an Enquiry

07 3220 3611

Level 12, 324 Queen Street
Brisbane Qld 4000

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Kelly Co Property REVVERMILION

property appraisal

07 3220 3611

Level 12, 324 Queen Street Brisbane Qld 4000