Hungry Jacks in Lithgow offers tasty investment

A Hungry Jack’s restaurant in Lithgow is perfectly situated to take advantage of the boom in the fast food investment market that has been sweeping Australia.

The Hungry Jack’s outlet in Lithgow, which is 100 per cent leased to Hungry Jack’s Pty Ltd, provides an entrée to the fast-food investment world.

Positioned on an expansive 3134 sqm site at 2 Stewart St, Lithgow it offers three street frontages within a fast food hub that includes McDonald’s, 7-Eleven, Zambrero and Red Rooster.

The property is being marketed by JLL’s Gordon McFadyen and Dylan McEvoy.

“Investors with a close eye on the commercial market will know how scarce these opportunities are. To be an owner of a Hungry Jack’s restaurant is to be among a limited number of people with fast-food freeholds in their portfolio.

“The restaurant was purpose-built in 2019 and retains significant depreciation benefits and the tenant pays 100 per cent of all outgoings. The 15-year lease expires in 2034, but the tenant has options until 2054,” said JLL Joint Head of Metropolitan Sales & Investments - NSW Mr McFadyen.

Last year, the fast-food chain recorded $2 billion in sales – up from $1.776 million in 2022.

There are more than 450 Hungry Jack’s stores across the country and the brand has more than 50 years of history in Australia, having launched in Perth in 1969. The business has become the second most popular fast-food company, behind McDonald’s.

JLL Joint Head of Metropolitan Sales & Investments - NSW, Mr Dylan McEvoy, said the restaurants’ position along the Great Western Highway puts it squarely on the route between Sydney, the Blue Mountains and central-west New South Wales.

“It has entry points on all three street frontages, a dedicated exit point to Stewart Street and drive-through capabilities. It also has 33 parking bays including two electric vehicle charging spaces,” he said.

Inside, the restaurant boasts 316 sqm of internal area, with internal and external customer dining arrangements, back of house kitchen, cold room facilities and public amenities. The property will be sold via Public Auction on Tuesday, 4th June at 10:30 am (AEST).