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29 Bridge Street
Berserker QLD 4701
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Sold on 27 Oct 2023

29 Bridge Street Berserker QLD 4701

  • Shop & Retail
  • 1 m²
  • Sold

Entry Level Fast Food Drive Thru - 9 Year Head Office Lease to ASX Giant

    Burgess Rawson is pleased to offer to the market Domino's located at 29 Bridge Street, Berserker QLD for sale via our Investment Portfolio Auction 164.

    This opportunity has the following key investment highlights:

    + Nine (9) year head office net lease to Domino's to 2029 plus two (2) further five (5) year options to 2039
    + Domino's Pizza Enterprises Ltd (ASX: DMP): Australia's largest pizza chain and global giant with 3,800 stores across 12 countries and a market cap of $4.71 billion AUD
    + Expansive 1,515sqm* corner freehold site with over 76m* of direct frontage to Bridge Street and Queen Elizabeth Drive, providing exposure to 40,000 vehicles daily*
    + Rare and highly sought-after annual CPI rent reviews with a market review in 2026 providing significant potential rental uplift
    + Investor preferred net lease with the tenant responsible for 100% of outgoings
    + Prime location: first fast food option heading north of the Rockhampton CBD
    + Prominent position fronting Queen Elizabeth Drive, a major intersection connecting north and south Rockhampton over the Fitzroy Bridge
    + Located less than 2km* from Stockland Rockhampton and the Northside Plaza Shopping Centre anchored by Woolworths, Coles, Kmart and Big W and 200+ specialty retailers
    + Rockhampton: logistics hub of central Queensland known for its diverse economy underpinned by resource and agricultural industries with a population forecast to exceed 98,000 by 2041
    + Net Income: $62,574 pa* + GST

    For Sale by Investment Portfolio Auction
    10:30am AEST Thursday 26 October 2023
    The Hilton, Brisbane

    Please contact the exclusively appointed Burgess Rawson team for more information

    *Approx.

    AUCTION

    Auction date and time26/10/2023 10:30
    Auction locationThe Hilton, Brisbane
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold27 Oct 2023
    Floor Area1 m²
    Land Area1,515 m²
    ParkingAsk Agent
    Property ID2018790717
    Category
    Last updated  27 Oct 2023
    Map for 29 Bridge Street Berserker QLD 4701
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold27 Oct 2023
    Floor Area1 m²
    Land Area1,515 m²
    ParkingAsk Agent
    Property ID2018790717
    Category
    Last updated  27 Oct 2023

    Co-Agents

    Andrew Havig
    Burgess Rawson Queensland
    Call
    0478 010 990
    Craig Chapman
    Burgess Rawson Queensland
    Call
    0427 110 132

    More about 29 Bridge Street Berserker QLD 4701

    29 Bridge Street Berserker QLD 4701 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 1,515 m². The listing ID for this property is 2018790717.

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