For Sale by Set Date Sale - Offers Close 2nd December 2022
This a fantastic opportunity to acquire an outstanding investment property securely leased to a strong tenant.
The location speaks for itself being situated on a prime corner.
10 year lease
2x5 year options
Annual rent $185,050 pa
Annual fixed rent increases of 3.5%pa
The quality of an investment property can be judged by the length of the lease and the strength of the tenant.
This outstanding opportunity has a 10 year lease and Craveable Brands as the ultimate tenant.
Craveable Brands is a franchisor that owns three iconic Australian food brands : Red Rooster, Oporto and Chicken Treat and operates 580 restaurants, employs a work force of 12,500 people and serves over 1 million customers per week.
Craveable Brands is a subsidiary of Hong Kong private equity company PAG Asia Capital with $50 billion worth of assets under management.
For more information please contact the exclusive selling agent Wayne Chorley.
