Burgess Rawson is pleased to offer to the market Red Rooster at 164 Freeman Road, Inala (Brisbane) QLD for sale via Private Treaty.
The property has the following investment highlights:
+ Long term head office lease to Red Rooster to 2033 with options to 2043
+ Red Rooster: part of Craveable Brands, who operate over 580 restaurants and serve 1 million+ customers per week
+ Attractive CPI annual increases ensuring rental growth^
+ Tenant pays all usual outgoings^
+ High profile 3,245sqm* freehold corner landholding strategically positioned on main road roundabout in a metropolitan Brisbane growth corridor
+ Ample on-site parking - 25 car spaces
+ Conveniently located 25 minutes from Brisbane & Ipswich CBD off Rosemary Street, a major thoroughfare through to Inala Plaza, with national tenants Woolworths, ALDI, BWS, Westpac and Australia Post
+ Ideal fast food location neighbouring 7-Eleven, Inala Hotel, Liquorland & Freedom Fuels
+ Proven performer with Red Rooster trading on-site 26+ year in the same location
+ Pivotal drive thru facility on main road roundabout with accessibility from all directions
+ Brisbane City: the third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050
+ Ipswich: 7th fastest growing metropolitan location in Australia with forecast population growth of 120% to 520,000+ by 2041
+ Net Income: $169,406 pa* + GST
To be sold via Private Treaty
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
^Capped at 5%
