BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Fast Food Drive-Thru Investment | Rare Head Office Net Lease | No Stamp Duty Payable\nCBRE is offering for sale Red Rooster Gladstone Par k via National Portfolio Auction 187. \n\nThe freestanding fast-food oppor tunity is underpinned by an established\, long-standing national tenant wi th excellent investment fundamentals\, providing exposure to busy Mickleha m Road and guaranteed annual income growth. \n\nKey details include:\n\n+ Recently renewed 5 year net lease extension to October 2031\, plus 3 furth er 5 year options to 2046\n+ Fully leased to long-standing tenant Red Roos ter: an established fast food retailer forming part of the Craveable Brand s network with over 580 restaurants across Australia\n+ Desirable net leas e structure and annual 3% rent increases\, providing compounding annual re ntal growth \n+ Excellent exposure to 37\,000* vehicles passing daily alon g busy Mickleham Road\n+ Freestanding retail store with drive-thru facilit ies\, ample car parking\, rear loading bay and pylon sign providing brand visibility in all directions \n+ Commercial 2 Zone landholding benefiting from strong underlying land value and ongoing growth across Metropolitan M elbourne's northern corridor \n+ Proximity to Melbourne Airport: positione d moments from Victoria's primary international gateway\, currently benefi ting from a $7.5B* infrastructure expansion that includes a third runway a nd major terminal upgrades\, underpinning long-term economic and catchment growth.\n+ Stamp Duty Exempt: Eligible under Victoria's CIPT regime\n+ Ne t income $150\,850 pa* + GST as at 31 October 2026\n\nTo be sold via Natio nal Portfolio Auction 187\n10:30am AEST Wednesday 16 September 2026\nCrown Casino\, Melbourne\n\nPlease contact the exclusive selling agents at CBRE to obtain further information. DTEND:20260916T113000 DTSTAMP:20260807T104025Z DTSTART:20260916T103000 LOCATION:Crown Casino - Melbourne SEQUENCE:0 SUMMARY:Auction: Red Rooster\, 2/247-253 Mickleham Road\, Westmeadows VIC UID:CRE-2021058410-Auction X-ALT-DESC;FMTTYPE=text/html:

Fast Food Drive-Thru Investment | Rar e Head Office Net Lease | No Stamp Duty Payable
CBRE is offering for sale Red Rooster Gladstone Park via National Portfolio Auction 187. \n \n
The freestanding fast-food opportunity is underpinned by an e stablished\, long-standing national tenant with excellent investment funda mentals\, providing exposure to busy Mickleham Road and guaranteed annual income growth. \n
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Key details include:\n
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+ R ecently renewed 5 year net lease extension to October 2031\, plus 3 furthe r 5 year options to 2046\n
+ Fully leased to long-standing tenant Re d Rooster: an established fast food retailer forming part of the Craveable Brands network with over 580 restaurants across Australia\n
+ Desir able net lease structure and annual 3% rent increases\, providing compound ing annual rental growth \n
+ Excellent exposure to 37\,000* vehicle s passing daily along busy Mickleham Road\n
+ Freestanding retail st ore with drive-thru facilities\, ample car parking\, rear loading bay and pylon sign providing brand visibility in all directions \n
+ Commerc ial 2 Zone landholding benefiting from strong underlying land value and on going growth across Metropolitan Melbourne's northern corridor \n
+ Proximity to Melbourne Airport: positioned moments from Victoria's primary international gateway\, currently benefiting from a $7.5B* infrastructure expansion that includes a third runway and major terminal upgrades\, unde rpinning long-term economic and catchment growth.\n
+ Stamp Duty Exe mpt: Eligible under Victoria's CIPT regime\n
+ Net income $150\,850 pa* + GST as at 31 October 2026\n
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To be sold via National P ortfolio Auction 187\n
10:30am AEST Wednesday 16 September 2026\n Crown Casino\, Melbourne\n
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Please contact the exclusive selling agents at CBRE to obtain further information.

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