Red Rooster, 164 Freeman Road, Inala, Qld 4077

Burgess Rawson is pleased to offer to the market Red Rooster at 164 Freeman Road, Inala (Brisbane) QLD for sale via Investment Auction Portfolio 170.

The property has the following investment highlights:

+ Long term head office lease to Red Rooster to 2033 with options to 2043
+ Red Rooster: part of Craveable Brands, who operate over 580 restaurants and serve 1 million+ customers per week
+ Attractive CPI annual increases ensuring rental growth^
+ Tenant pays all usual outgoings^
+ High profile 3,245sqm* freehold corner landholding strategically positioned on main road roundabout in a metropolitan Brisbane growth corridor
+ Ample on-site parking - 25 car spaces
+ Conveniently located 25 minutes from Brisbane & Ipswich CBD off Rosemary Street, a major thoroughfare through to Inala Plaza, with national tenants Woolworths, ALDI, BWS, Westpac and Australia Post
+ Ideal fast food location neighbouring 7-Eleven, Inala Hotel, Liquorland & Freedom Fuels
+ Proven performer with Red Rooster trading on-site 26+ year in the same location
+ Pivotal drive thru facility on main road roundabout with accessibility from all directions 
+ Brisbane City: the third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050
+ Ipswich: 7th fastest growing metropolitan location in Australia with forecast population growth of 120% to 520,000+ by 2041
+ Net Income: $169,406 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Thursday 8 August 2024
The Hilton, Brisbane

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

*Approx.
^Capped at 5%