SOLD

‘Its Gotta Be Red’ – Or Absolute Gold Trophy Metro Investment

4/2 Leda Drive, Sheiler Park QLD

Property Highlights

Corporate lease to Red Rooster
Recently upgraded building
Exposure to 115,000 vehicles daily

Description

Secure 10 year lease to 2023 plus options through to 2033
Corporate lease in place to Red Rooster Foods Pty Ltd
Red Rooster leading retailer part of QSR Holdings with 560 stores nationally
Annual rent reviews
Lessee pays usual outgoings excluding Land Tax
1,789 sqm site with exposure to M1 Pacific Motorway – 115,000 vehicles passing daily
Recently upgraded 220 sqm building with busy drive thru facility
Gateway location to the QIC’s Hyperdome Shopping Centre – Myer, Coles, Woolworths, Aldi, AMF Bowling, McDonald’s Cinemas etc
Central between Bunnings (opening mid 2017), Caltex & Hungry Jacks
Shailer Park: established metropolitan Brisbane 27kms south of CBD
Net Income: $135,694 pa (estimated – July 2017 – CPI adjustment)

Auction 11am AEST Wednesday 17 May 2017
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
1,789 SQM
Building Area
220 SQM

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