Brand New CBD Drive-Thru Oporto | 15 Year Head Office Lease
Description
CBRE from CBRE is pleased to offer to the market Oporto Rockhampton located at 34 Cambridge Street, Rockhampton QLD for sale via Investment Portfolio Auction 179.
This opportunity has the following key investment highlights:
+ Brand new fifteen (15) year head office lease to 2040 plus four (4) further five (5) year options through to 2060
+ Oporto: part of Craveable Brands who operate 600+ stores including Oporto, Red Rooster, Chicken Treat & Chargrill Charlie’s, a wholly owned subsidiary of PAG Asia Capital
+ PAG Asia Capital: a leading alternative investment firm that have USD$100 billion invested into Asia and beyond
+ Fixed 3% annual rent increases ensuring long term compounding income growth
+ Trophy Oporto restaurant with integral dual lane drive-thru capabilities & 8 on-title car spaces adjacent to brand new Zarraffa’s
+ Brand new construction complete March 2025, offering maximum depreciation benefits
+ High profile 1,064sqm* corner landholding with a combined 55m* of dual street frontage to Cambridge Street & Bruce Highway providing exposure to 110,166 vehicles passing weekly*
+ Strategically positioned within 1km* of the City Centre Plaza Rockhampton, anchored by Coles & Target & supported by 25+ specialty retailers, as well as being located within 500m* of national QSR retailers McDonald’s, KFC, Red Rooster, Subway, Banjo’s & Guzman Y Gomez
+ Ideally positioned within a 5km* radius of 41,935 residents* and 25,256 motor vehicles*, a strong & consistent trade catchment
+ Rockhampton: the capital of central Queensland with a population forecasted to increase beyond 98,000 by 2041
+ Net Income: $189,178 pa* + GST
To be sold via Investment Portfolio Auction 179
10:30am AEST Thursday 18 September 2025
Elevate Room, The Westin, Brisbane
Also available as part of CBRE’s September Portfolio Auction:
– Zarraffa’s Rockhampton
Please contact the exclusively appointed sales team for more information.
*Approx.
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Contact agents
Yosh Mendis Senior Director
0434 413 188
Josh Scapolan Associate Director
0484 229 829Enquiry Form
Rockhampton City, QLD
34 Cambridge Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 179
Contact agents
-
Yosh Mendis Senior Director
0434 413 188 -
Josh Scapolan Associate Director
0484 229 829