SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Entry Level Fast Food Investment

6/111 George Street , Rockhampton City QLD

Property Highlights

Renewed lease + options to 2030
Fixed increases assuring growth
High exposure location on Bruce Hwy

Description

+ Renewed three (3) year lease till mid 2024
+ Two (2) x three (3) year options through to 2030
+ Fixed annual rental increases of 3%, assuring growth
+ Prime position, located in the modern “One Eleven of George” complex at the intersection of the Bruce Highway and Fitzroy St, opposite McDonalds
+ Recently refurbished to meet “Miss India” standards
+ Miss India: Highly regarded and well known Indian fast food franchise, with 17 locations throughout Queensland
+ 101sqm unit in a busy complex
+ Neighbours include TAB, ASN (Australian Sports Nutrition), Advantage Pharmacy & Pizza Hut
+ Net income $28,747 pa + GST* (as of June 2022)

For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 12 May 2022
Hilton Hotel – Level 5

Property Details

Listing
Sale
Current Tenant
Tenanted
Building Area
101 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights