Fast Food Drive-Thru Investment

Description

As new Carl’s Jr outlet
15 Year lease plus options to 2044
Net income $163,796*pa + GST

  • 15 Year lease to 2034 + options to 2044
  • Fixed 3% rent increases
  • Bruce Hwy frontage 22k cars passing daily
  • Carl’s Jr: Established 1956 with 3,800 stores in 42 countries and 25 stores in Australia and growing
  • 1,691*sqm prime corner position opposite KFC, Red Rooster and Subway
  • Latest store format with full drive-thru facility completed in December 2019 with excellent depreciation
  • Bruce Highway frontage with estimated 22,000 vehicles passing daily
  • Rockhampton City: Beef capital of Australia with 87,488 population forecast to increase to 112,701 in 2036

*Approximate

Sold in conjunction and/or as agent with Burgess Rawson

  • Address: 106 George Street, Rockhampton City QLD
  • State/county: Queensland
  • Zip/Postal Code: 4700
  • Area: Rockhampton/Gladstone

Details

Updated on September 4, 2023 at 3:17 am
  • Property ID CECI-3089
  • Property Type Fast Food
  • Property Status Sold

Contact Information

Glenn Conridge

Enquire About This Property

All figures and site boundaries are approximate. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries and obtain their own independent advice, in order to verify the information.