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Retail

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

Sold on 23 Aug 20243D Tour
  • Building: 613m²
  • Land: 3,054m²
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Retail in Coopers Plains

Ultra-Rare Brisbane Fast Food Centre

  • Building: 613m²
  • Land: 3,054m²

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

Building:

613m²

Land:

3,054m² / 0.75 acres

Tenancy:

Tenanted

Categories:

Retail, Showrooms/Bulky Goods, Land/Development

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