CBRE is pleased to offer to the market Red Rooster at 102 George Street (Bruce Hwy), Rockhampton City QLD for sale via Investment Portfolio Auction 182.

The opportunity has the following investment highlights:

+ Long term lease to December 2033 with option to 2038
+ Red Rooster: Iconic Australian fast food brand with 325+ stores across Australia.
+ High performing Red Rooster with annual CPI reviews and rare attractive turnover provisions, offering future potential rental upside
+ Tenant pays all usual outgoings including council rates, water rates, insurance, general repairs and maintenance and management
+ High profile 1,912sqm* Highway site with over 70 metres* of dual street frontage to 110,000+ vehicles passing weekly
+ Prime retail strip providing an epicentre of fast food and convenience retail offerings
+ Strategic CBD location in major fast food corner location close to an array of national brands including McDonald’s, KFC, Guzman y Gomez, Oporto, Zarraffa’s, Banjo’s, Carl’s Jnr. Subway and more
+ Integral triple street ingress and egress as well as drive-thru capabilities
+ Rockhampton: the capital of central Queensland with the population forecast to grow over 16% by 2041
+ Net Income: $222,866 pa* + GST

To be sold via Investment Portfolio Auction
10:30am AEST Thursday 26 February 2025
Level 3, 1 Eagle Street, Brisbane QLD

Please contact the exclusively appointed sales team for more information.