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Carl's Jr, 15 Dalton Road, THOMASTOWN, VIC, 3074

2. Property Highlights

New 10 year lease to Carl's Jr
  • 10 year lease, options through to 2045
  • Current rental $300,000 Gross PA
  • Fixed compounding 3% increases

+ Fresh Ten (10) Year lease plus options through to 2045

+ Investor preferred net lease terms with tenant paying all usual outgoings as per the lease

+ Fixed compounding 3% annual increases, assuring rental growth

+ Prime 2,605sqm site with 59 metre frontage

+ Exposure to 55,000 vehicles passing daily along Dalton Road

+ Brand new 371sqm building, dual lane drive-thru constructed 2020

+ Position perfect, adjoining Bunnings Warehouse and surrounded by leading retailers

+ Thomastown, thriving metro location, 14kms* north of Melbourne CBD

+ Thomastown, situated in Whittlesea Council, one of the fastest growth regions of Victoria, forecast 21% population growth to 2036

+ Significant taxation depreciation savings

+ Carl's Jr: 3,800 Stores globally, 25 stores in Australia and growing

+ One of the best performing Carl's Jr stores in Australia

+ Net Income: $295,860 pa + GST approx

Auction Wednesday 31 March 2021 at 10.30am (AEDT)

River Room, Crown Casino, Melbourne

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3. Property Location

Carl's Jr, 15 Dalton Road, THOMASTOWN, VIC, 3074

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4. Due Diligence

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Carl's Jr, 15 Dalton Road, THOMASTOWN, VIC, 3074 Thomastown
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