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High Yielding Hungry Jacks - Mount Isa

Corbould Street, Mount Isa

Auction: Tuesday, 18 April 2023

POA
Price
410sqm
Size
retail

Description

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)

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High Yielding Hungry Jacks - Mount Isa | Nordmarq Property