- Secure 10 year lease to 2023 plus options through to 2033
- Corporate lease in place to Red Rooster Foods Pty Ltd
- Red Rooster leading retailer part of QSR Holdings with 560 stores nationally
- Annual rent reviews
- Lessee pays usual outgoings excluding Land Tax
- 1,789 sqm site with visual exposure to M1 Pacific Motorway â?? 115,000 vehicles passing daily
- Recently upgraded 220 sqm building with busy drive thru facility
- Gateway location to the QIC's Hyperdome Shopping Centre â?? Myer, Coles, Woolworths, Aldi, AMF Bowling, McDonald's Cinemas etc
- Central between Bunnings (opening mid 2017), Caltex & Hungry Jacks
- Shailer Park: established metropolitan Brisbane 27kms south of CBD
- Net Income: $135,694 pa (estimated â?? July 2017 â?? CPI adjustment)
Auction 11am Wednesday 17 May 2017
River Room, Crown Casino, Melbourne