Brand New Freestanding Fast Food Investment | New 10 Year Lease to 2033 + Options to 2053

3 Rex Hills Drive , Ripley QLD

Property Highlights

Red Rooster: 360+ restaurants
Built 2023 - max. depreciation benefits
High profile 1,823sqm* site
Register to Bid


Burgess Rawson is pleased to offer to market the Red Rooster at 3 Rex Hills Drive, Ripley QLD for sale via our Investment Auction Portfolio 164.

This opportunity has the following key investment highlights:

+ Brand new ten (10) year head office lease to 2033 plus four (4) further five (5) year options to 2053
+ Red Rooster: part of the Craveable Brands international network with 580 restaurants across Australia and employing over 13,000 people
+ Highly desirable freestanding fast food investment constructed in October 2023, offering outstanding tax depreciation benefits of $125,900 in the first year (90% of rent)
+ High profile 1,823sqm* site located directly off the Cunningham Highway servicing 40,000 vehicles passing daily* and directly adjoining Ampol, McDonald’s, Guzman y Gomez and Smartland Early Learning
+ Conveniently located 4km* from the Coles anchored Ripley Town Centre supported by 20 specialty stores and a current DA of 2,000+ residential dwellings
+ Annual fixed compounding 2.5% rent increases, ensuring certain income growth
+ Single lane drive-thru, modern configuration with on-site parking for 12 cars
+ Ripley: located in the Ripley Valley Priority Development Area (PDA) 32km* from the Brisbane CBD in one of Australia’s largest urban growth areas with development planning for 48,750 dwellings and 131,000+ residents
+ Ipswich: 7th fastest growing metropolitan location in Australia with forecast population growth of 120% to 520,000+ by 2041
+ Net Income: $139,100 pa + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 26 October 2023
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.


Property Details

Current Tenant
Occupancy Type
Fast Food
Land Size
1,823 SQM
Building Area
179 SQM

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