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Retail in Nundah
Fast Food Investment on Corner Development Site
- Building: 145m²
- Land: 1,217m²
Ray White Commercial QLD are pleased to offer Red Rooster Nundah for sale by Auction.
The Auction will be conducted at Level 26,111 Eagle Street, Brisbane City, on Thursday 18 August 2022 at 10:45 am (AEST).
Red Rooster Nundah offers a fast food investment opportunity with the security of a long term existing national tenant and the future benefit of substantial development upside.
The asset is underpinned by the following highlights:
- 5-year lease to Red Rooster
- Net income: $86,763* + GST pa.
- Mixed Use zoning allowing potential code assessable redevelopment up to 5 storeys
- 1217sqm* site area with 69m* frontage to Sandgate Road and Henchman Streets
- 45,000* vehicles passing daily
- 23 on-site car parks
- Huge potential for capital growth, underpinned by strong fundamentals and demographics
Contact the exclusive marketing agents for more information. We encourage your enquiry and inspections.
*Approx
Building:
145m²
Land:
1,217m² / 0.3 acres
Tenancy:
Tenanted
Categories:
Retail, Land/Development
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