SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
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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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