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.