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Affordable Freehold Fast Food Investment

228 Auburn Street , Goulburn NSW

Property Highlights

Iconic fast food brand
Main street retail position
Secure 7yr lease t/as Red Rooster

Description

Red Rooster, iconic fast food brand boasting over 360 stores across Australia
High profile main street position
Secure 7 year lease to 2024 plus 4 x 5 year options

Auction
11am AEST Tuesday 17 September 2019
Doltone House Hyde Park, Sydney

Guaranteed income growth, fixed 3% annual rental increases on Red Rooster
Red Rooster can stay until at least 2044
Goulburn, rapid growth region strategically set between Canberra and Sydney
Goulburn Mulwaree Shire population forecast to soar by over 18% to over 37,000 people by 2036
Includes superbly renovated 3 bedroom apartment
Near Shopping Centres & major banks
Rear lane access with valuable on-site parking
Net lease, tenant pays outgoings on Red Rooster, as per lease

Net Income: $83,698 pa + GST

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
367 SQM
Building Area
1 SQM

Price

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