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71 Guy Street
Warwick QLD 4370
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Sold on 3 Aug 2023

71 Guy Street Warwick QLD 4370

  • Shop & Retail
  • 250 m²
  • Sold

Entry Level Freestanding Fast Food Drive-Thru

    Burgess Rawson is pleased to offer to the market Red Rooster located at 71 Guy Street, Warwick QLD for sale via our Investment Portfolio Auction 162.

    This opportunity has the following key investment highlights:

    + Four (4) year net lease to Red Rooster plus options to 2031
    + Red Rooster: highly successful red rooster franchisee with 6 stores in southeast Queensland and 35+ years experience under the Red Rooster brand
    + Investor preferred net lease structure, with the tenant paying all outgoings as per the lease excluding land tax
    + Fixed compounding 3% annual rent increases, ensuring strong rental growth with an uncapped market review in February 2025
    + High exposure 1,364sqm* corner freehold site with 72 metres* of combined frontage to Guy and Wood Streets with exposure to 15,000+ vehicles daily*
    + Low rental providing significant potential uplift at 2025 market review
    + Recent capital intensive tenant funded fit-out, bringing in line with new Red Rooster branding
    + Long history of on-site tenure with Red Rooster trading on-site for over 12 years
    + Situated within a major schooling catchment, with 10 schools within a 2.5km* radius, servicing a combined 3,133 students
    + Located 450 metres* from the Rose City Shopping World anchored by Coles, Woolworths, BIG W and 50+ speciality retailers
    + Warwick: thriving agricultural and administrative hub of the Southern Downs region, located 130km* west of the Brisbane CBD
    + Net Income: $93,684 pa* + GST

    For Sale by Investment Portfolio Auction
    10:30am AEST Thursday 3 August 2023
    The Hilton, Brisbane

    Please contact the exclusively appointed Burgess Rawson team for more information.
    *Approx.

    AUCTION

    Auction date and time03/08/2023 10:30
    Auction locationThe Hilton, Brisbane
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold3 Aug 2023
    Floor Area250 m²
    Land Area1,364 m²
    ParkingAsk Agent
    Property ID2018628581
    Category
    Last updated  4 Aug 2023
    Map for 71 Guy Street Warwick QLD 4370
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold3 Aug 2023
    Floor Area250 m²
    Land Area1,364 m²
    ParkingAsk Agent
    Property ID2018628581
    Category
    Last updated  4 Aug 2023

    Co-Agents

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

    More about 71 Guy Street Warwick QLD 4370

    71 Guy Street Warwick QLD 4370 is categorized as Shop & Retail Property. It has a floor area of 250 m² and a land area of 1,364 m². The listing ID for this property is 2018628581.

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