Long Established, Iconic Fast Food & Drive Thru
Long Established, Iconic Fast Food & Drive Thru
Description
Tenant in occupation for 64 years
Brand new 10 year lease + options to 2037
Net income: $100,000*pa + GST
- Secure 10 year lease commenced 2017 plus options to 2037
- Tenant pays all usual outgoings as per the lease
- Attractive 3% annual rent increases
- High profile exposure of 20metre to major six lane arterial (State Route 4) – gateway to Rockhampton’s large format retail and shopping precinct
- Adjoins Red Rooster – 20,000+ vehicles passing daily
- Prime 1,852*sqm freehold site, with well-maintained building
- On-site parking for circa 20 vehicles
- Cranston Pies: Established 1953 at this location – local Icon and dominant wholesaler to the Central QLD region
- Rockhampton: Administrative and commercial centre of central Queensland – Beef capital of Australia with growing population in excess of 100,000*
*Approximate
Address
Open on Google Maps-
Address: 119 Musgrave Street, Berserker (Rockhampton) QLD
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State/county: Queensland
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Zip/Postal Code: 4701
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Area: Rockhampton/Gladstone
Details
Updated on September 4, 2023 at 3:14 am-
Property ID CECI-3109
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Property Type Fast Food
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Property Status Sold
Contact Information
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.
