Brand New 10 Year Head Office Lease to Hungry Jacks | Significant $1 Million+ Tenant Funded Refurbishment
Description
Burgess Rawson from CBRE is pleased to offer to the market Hungry Jack’s located at 1-5 Monahans Road (Cnr Cranbourne-Frankston Road), Cranbourne West VIC for sale via Investment Portfolio Auction 181.
The property has the following key investment highlights:
+ Brand new Ten (10) Year Head Office lease to April 2035 plus Two (2) further Ten (10) Year options to April 2055.
+ Hungry Jack’s: national fast-food chain with 460+ stores and over 25,000 employees, serving over 88m customers annually.**
+ Significant $1 million+ tenant funded refurbishment in line with Hungry Jack’s latest corporate layout and design.
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings (excluding land tax) as per the lease.
+ Fixed, compounding 3% annual rent increases ensuring continued income growth.
+ Prominent 1,830 sqm* corner site with 82 metres* main road frontage and exposure to Cranbourne-Frankston Road, a major arterial servicing 196,000 vehicles passing weekly.***
+ Immaculate 319 sqm* retail store, trading 24/7 on Fri & Sat, with important dual-lane drive thru and 15 on-site car parks.
+ Seamless integration with convenience retail and fast-food hub.
+ Surrounded by important social infrastructure including Monash Health, Cranbourne Secondary College, St Peter’s College, Cranbourne West Secondary College and a further 7 schools within a 3km* radius, servicing 8,132 full-time students.***
+ Prime position near Cranbourne Park Shopping Centre (Coles, Target, Kmart, Harris Scarfe, 95+ stores) servicing 6.3 million visitors annually**** and Cranbourne West SC (Woolworths + 15 specialties)*****
+ Cranbourne: Well-established residential area experiencing strong population growth, with projections indicating a 73% increase in the Cranbourne catchment over the next two decades.******
+ City of Casey: One of Victoria’s fastest growing LGA’s with population forecast to surge over 43% to a 614,075 by 2046.******
+ Net Income: $327,290 pa* + GST (as at April 2026)
For Sale via Investment Portfolio Auction 181
10:30am AEDT Wednesday 10 December 2025
The River Room, Crown Casino, Melbourne
*Approx
**Hungry Jacks
***Gapmaps
****Vicinity Centres
*****Mintus
******.id
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Contact agents
Jamie Perlinger Head of Agency | Partner
0413 860 315
Beau Coulter Partner
0413 839 898
Justin Kramersh Senior Sales Associate
0460 349 605
Zomart He 何梓轩 Partner
0488 220 830Enquiry Form
Cranbourne West, VIC
1-5 Monahans Road
- Sold Price: Contact Agent
This property was sold as part of Portfolio 181
Contact agents
-
Jamie Perlinger Head of Agency | Partner
0413 860 315 -
Beau Coulter Partner
0413 839 898 -
Justin Kramersh Senior Sales Associate
0460 349 605 -
Zomart He 何梓轩 Partner
0488 220 830