Blue Ribbon Fast Food Drive Thru – Top Performing Store

Description

– 10 Year lease to June 2025 plus options to 2035
– Top performing Red Rooster store established in 1992
– Prime position with 55 metre frontage to Bruce Highway (George St) in the heart of Rockhampton City
– High exposure 1,912 sqm corner site with 2nd street frontage to Archer Street
– Building area 321 sqm
– 29 on-site line marked car spaces
– Latest store format with full drive-thru facility
– Tenant pays all outgoings as per the lease including repairs, maintenance and management of the property
– Approximately 20,210 vehicles pass daily
– Rockhampton City: Beef capital of Australia with 87,488 population forecast to increase to 112,701 in 2036
– Net Income: $171,735 pa + GST

Auction: 10:30am AEDT, Wednesday 9 December 2020
Venue: Crown Casino, Melbourne

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Raoul Holderhead Partner
0413 860 304
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Rockhampton City, QLD

102 George Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 141

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