Brand-new Hungry Jack’s investment with long-term lease
Elders Commercial, in conjunction with CBRE, is pleased to present 1/9 Commerce Drive, Howrah, a brand-new Hungry Jack’s investment adjoining the Coles-anchored Glebe Hill Village Shopping Centre.Secure long-term income: Brand-new 10-year lease to 2036, plus three further 10-year options extending to 2066 and fixed 3% annual rental increases.
Major national operator: Operated by Competitive Foods, with more than 480 Hungry Jack’s restaurants nationally.
Strategic market position: The only Hungry Jack’s on Hobart’s Eastern Shore, servicing a substantial and growing surrounding catchment.
Purpose-built asset: A 295 sqm* freestanding restaurant with dual-lane drive-through, positioned on a 1,404 sqm* title with 14 on-site car parks.
Strong investment return: Net income of $264,072 p.a.* plus GST.
The property is one of three brand-new investments within the centre and will be offered for sale individually by Investment Portfolio Auction at 10:30 am AEDT on Wednesday, 9 December 2026, at Crown Casino, Melbourne.
For further information, please contact George Burbury or James Black.
*Approximate
Features
General Features
- Commercial Type: Retail
- Building Area: 295sqm
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