CBRE is pleased to present to market Red Rooster, Arana Hills.
- 100% secured by Red Rooster, an established blue-chip retailer that forms part of the Craveable Brands networks with over 580 restaurants across Australia.
- Underpinned by a 10-year net lease with additional options extending to 2048.
- Prominently positioned with great exposure to Dawson Parade and Patricks Road, the 215sqm* drive-thru facility is positioned for convenience allowing access via Patricks Road.
- Situated in the heart of the Arana Hills retail precinct adjoining the sub-regional Arana Hills Plaza and within very close proximity to Guzman Y Gomez, Hungry Jacks, Ampol Service Station, Grovely State School, Arana Leagues Club & Grovely Train Station.
- A set and forget retail investment, boasting an easily managed and defensive income stream with built in income growth of 3% p.a.
- The continual supply constraints and challenges within the construction industry places this asset well below replacement costs.
Red Rooster Arana Hill's is For Sale by way Expressions of Interest closing Thursday 5th September 2024 at 4pm (AEST).
For further information on this opportunity, please reach out to sales and marketing agents.
*Approximate. ^As at 1 July 2024
