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Hungry Jack's Coopers Plains, 19 Kessels Road, Coopers Plains, QLD, 4108

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Hungry Jack's Coopers Plains, 19 Kessels Road, Coopers Plains, QLD, 4108

Hungry Jack's Coopers Plains, 19 Kessels Road, Coopers Plains, QLD, 4108

Properties / Sold / Queensland / Coopers Plains
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Auction 23 August 2024 9:45am
Land Area
3,054 m² (*approx)
Floor Area
613 m² (*approx)
Property Type
Retail, Other, Land
Terms
Renewed head office lease to 2029, with a further 5 year option to 2034
Est. Income
$397,027 p/a
Fully Leased
Hungry Jack's
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2. Property Highlights

Ultra-Rare Brisbane Fast Food Centre

RWC Retail are proud to present Hungry Jack's Coopers Plains, for sale by Auction. On offer is a fast food convenience centre leased to some of Australia's largest operators.

|What|

• Fully leased fast food convenience centre comprising 5 tenants

• Anchored by a drive-through Hungry Jack's for 17 years

• Hungry Jack's have recently renewed their head office lease to 2029, with a further 5 year option to 2034

• Supported by high-performing fast food tenants including Pizza Hut, Subway, Zambrero and Chinese Antique

• 27 on-site parking bays

• 4.88* Year WALE

• Net Income of $397,027* + GST p.a.

|Where|

• High-profile 3,054sqm* land parcel with 203m* of main road frontage & co-located with a longstanding Aldi Supermarket

• Exposure to one of Brisbane's busiest intersections, seeing over 485,000^ vehicles passing weekly

• 9km* South of the Brisbane CBD serving the broader Sunnybank & Mount Gravatt catchments

• Surrounded by significant traffic-generating amenities including Griffith University, QE2 Jubilee Hospital and QSAC Stadium - set to host the 2032 Brisbane Olympics

• 5 schools within a 2km* catchment

|Why|

• Fully leased since 2009, with 90% of income underpinned by national brands

• A true set & forget investment, with a long WALE and all tenants on fixed rental reviews between 3% & 4%

• Highly convenient location with the perfect tenant mix to cater for local demand

• In 2023, Hungry Jack's surpassed $2 billion in sales for the first time, seeing 11% growth from 2022

Auction on Friday 23rd August 2024, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City

*Approximately

^Planwisely

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail, Other, Land
Est. Income
$397,027 p/a
Number Of Tenants
5
Tenant
Hungry Jack's
Terms
Renewed head office lease to 2029, with a further 5 year option to 2034
Wale
4.88 years
Land Area
3,054 m² (*approx)
Floor Area
613 m² (*approx)
Selling Method
Auction
Auction Date
23 Aug 2024 09:45AM
Selling Details
Auction 23 August 2024 9:45am

2. Property Highlights

Ultra-Rare Brisbane Fast Food Centre

RWC Retail are proud to present Hungry Jack's Coopers Plains, for sale by Auction. On offer is a fast food convenience centre leased to some of Australia's largest operators.

|What|

• Fully leased fast food convenience centre comprising 5 tenants

• Anchored by a drive-through Hungry Jack's for 17 years

• Hungry Jack's have recently renewed their head office lease to 2029, with a further 5 year option to 2034

• Supported by high-performing fast food tenants including Pizza Hut, Subway, Zambrero and Chinese Antique

• 27 on-site parking bays

• 4.88* Year WALE

• Net Income of $397,027* + GST p.a.

|Where|

• High-profile 3,054sqm* land parcel with 203m* of main road frontage & co-located with a longstanding Aldi Supermarket

• Exposure to one of Brisbane's busiest intersections, seeing over 485,000^ vehicles passing weekly

• 9km* South of the Brisbane CBD serving the broader Sunnybank & Mount Gravatt catchments

• Surrounded by significant traffic-generating amenities including Griffith University, QE2 Jubilee Hospital and QSAC Stadium - set to host the 2032 Brisbane Olympics

• 5 schools within a 2km* catchment

|Why|

• Fully leased since 2009, with 90% of income underpinned by national brands

• A true set & forget investment, with a long WALE and all tenants on fixed rental reviews between 3% & 4%

• Highly convenient location with the perfect tenant mix to cater for local demand

• In 2023, Hungry Jack's surpassed $2 billion in sales for the first time, seeing 11% growth from 2022

Auction on Friday 23rd August 2024, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City

*Approximately

^Planwisely

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

Hungry Jack's Coopers Plains, 19 Kessels Road, Coopers Plains, QLD, 4108

Property Map
Hungry Jack's Coopers Plains, 19 Kessels Road, Coopers Plains, QLD, 4108 Coopers Plains
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