Fast Food Drive Thru– Top Performing Store

Description

10 Year lease + options to 2035
Prime corner freehold site
Net income: $171,73*pa + GST (excl. land tax)

  • 10 Year lease to June 2025 plus options to 2035
  • Tenant pays all outgoings
  • Top performing Red Rooster store established in 1992
  • Prime position with 55m frontage to Bruce Highway (George Street) in the heart of Rockhampton City
  • High exposure 1,912*sqm corner site with 2nd street frontage to Archer Street
  • Building area 321*sqm
  • 29 on-site line marked car spaces
  • Latest store format with full drive-thru facility
  • Tenant pays all outgoings as per the lease including repairs, maintenance and management of the property
  • Approximately 20,210 vehicles pass 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: 102 George Street, Rockhampton City QLD
  • State/county: Queensland
  • Zip/Postal Code: 4700
  • Area: Rockhampton/Gladstone

Details

Updated on September 4, 2023 at 3:16 am
  • Property ID CECI-3094
  • Property Type Fast Food
  • Property Status Sold

Contact Information

Glenn Conridge

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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.