Hungry Jack’s, 2 Stewart Street, Lithgow_Property for Sale
Hungry Jack’s, 2 Stewart Street, Lithgow_Property for Sale
2 Stewart Street, Lithgow, NSW, 2790, AU

Hungry Jack’s, 2 Stewart Street, Lithgow

Asset Description

JLL as the exclusive selling agent is pleased to offer Hungry Jack’s Lithgow For Sale by way of Public Auction.


This modern purpose-built drive-thru restaurant, completed in 2019, is an exceptional fast-food retail investment opportunity situated within Lithgow’s core convenience retail precinct.

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Attributes

Land area gross
33,734 sf

Media

Investment Highlights

Investment highlights include:


  • Set on an expansive 3,134 sqm* site featuring three street frontages and generous associated parking
  • Modern purpose built, high-quality restaurant completed in 2019 with significant depreciation benefits remaining
  • 100% leased to Hungry Jack’s Pty Ltd, Australia’s 2nd largest fast food company¹
  • With over 50 years of history in Australia and over 440 restaurants nationally, Hungry Jack’s recorded an all-time high $2bn in annual sales¹
  • Favourable lease structure - Tenant pays 100% of all outgoings
  • Net income of $371,419.08 p.a.* plus GST with attractive 3% annual rent increases
  • 15 year lease expiring 2034, with options until 2054
  • Strategically positioned with notable retailers including; McDonalds, 7-Eleven, Zambrero and Red Rooster in immediate proximity
  • Prominent exposure to Lithgow’s premier arterial road Great Western Highway, which serves as a major gateway between Sydney, the Blue Mountains and central-west NSW

 

* Approximate

¹ IBISWorld Competitive Foods Australia Pty Ltd June 2023

 

For Sale by way of Public Auction on Tuesday 4th June 2024 at 10:30am (AEST).

All enquiries, information requests, inspection arrangements and lodgement of offers are to be directed to the exclusive selling agents.


Hungry Jack’s, 2 Stewart Street, Lithgow 4_Property for Sale
Hungry Jack’s, 2 Stewart Street, Lithgow 4_Property for Sale

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Hungry Jack’s, 2 Stewart Street, Lithgow (0 Properties)

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Last updated
27 May 2024