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.
