SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Blue Ribbon Fast Food Drive Thru– Top Performing Store

102 George Street, Rockhampton City QLD

Property Highlights

10 Year Lease + Options to 2035
Prime Corner Freehold Site
Tenant Pays All Outgoings

Description

– 10 Year lease to June 2025 plus options to 2035
– Top performing Red Rooster store established in 1992
– Prime position with 55 metre frontage to Bruce Highway (George St) 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
– Net Income: $171,735 pa + GST (Excludes Land Tax)

Auction: 10.30 am AEDT, Wednesday 9 December 2020
Venue: Crown Casino, Melbourne

This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
1,912 SQM
Building Area
321 SQM

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