25-27 Banna Avenue Griffith NSW 2680

Shop & Retail
2,510 m²
Sold, $1,600,000

Renewed 15 Year Lease Red Rooster. High Profile Main Road Location.

New 15 year lease to 2031 + options to 2041.
Red Rooster, established brand over 43 years strong boasting 360 stores nationwide.
Griffith, established and growing inland city generating $1.35 billion GRP with a population catchment of 52,000.
High exposure main road position at eastern gateway into Griffith.
Modern fast food restaurant with drive through.
Large land area: 2,510 sqm.
Valuable depreciation allowances.
Surrounded by supporting national retailers.
Annual 2.5% rent increases (net income $127,167 in 2031).
Tenant pays all outgoings (as per lease).
Net Income: $90,000 pa + GST.

AUCTION

Auction date and time	28/06/2016 11:00
Auction location	Doltone House Hyde Park

Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	29 Jun 2016
Sold Price	$1,600,000
Floor Area	Ask Agent
Land Area	2,510 m²
Parking	Ask Agent
Property ID	2012843587
Category	Shop & Retail
Last updated	29 Jun 2016

Map for 25-27 Banna Avenue Griffith NSW 2680

Nearest transport* to 25-27 Banna Avenue Griffith NSW 2680

Bus

Train

Wakaden St Opp Griffith East Public School	192 m
Griffith East Public School, Wakaden St	203 m
Banna Av At Lenehan Rd	267 m
Wakaden St Opp Marian Catholic College	297 m

*Within a 4km radius

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Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	29 Jun 2016
Sold Price	$1,600,000
Floor Area	Ask Agent
Land Area	2,510 m²
Parking	Ask Agent
Property ID	2012843587
Category	Shop & Retail
Last updated	29 Jun 2016

Listed by

Rhys Parker

Burgess Rawson Sydney

Call

0451 101 042

More about 25-27 Banna Avenue Griffith NSW 2680

25-27 Banna Avenue Griffith NSW 2680 is categorized as Shop & Retail Property. It has a land area of 2,510 m². The listing ID for this property is 2012843587.