5 Gateway Drive
Springfield QLD 4300
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Sold on 3 Dec 2019
5 Gateway Drive Springfield QLD 4300
- Shop & Retail
- 271 m²
- Sold
Under Contract - 15 Year Lease - Booming Springfield Fast Food Asset
- Iconic fast food brand - Red Rooster
- Fixed 3.5% annual rent increases
- Net Income $168,700 pa + GST
Cushman & Wakefield are pleased to present to the market 5 Gateway Drive, Springfield (Brisbane) to be sold via Public Auction.
The property has the following key characteristics:
• 15 year lease to 2032 + options to 2052
• Red Rooster - Leading fast food chain owned by Craveable Brands & PAG Asia Capital with 580+ restaurants in Australia
AUCTION
| Auction date and time | 03/12/2019 14:00 |
|---|---|
| Auction location | Cushman & Wakefield Sydney Office - Level 22, 1 O'Connell Street, Sydney |
Property Highlights
| Date Sold | 3 Dec 2019 |
|---|---|
| Floor Area | 271 m² |
| Land Area | 2,154 m² |
| Parking | 19 x Onsite parkings |
| Property ID | 2015838440 |
| Category | |
| Last updated | 29 Jan 2020 |
Map for 5 Gateway Drive Springfield QLD 4300
Nearest transport* to 5 Gateway Drive Springfield QLD 4300
Property Highlights
| Date Sold | 3 Dec 2019 |
|---|---|
| Floor Area | 271 m² |
| Land Area | 2,154 m² |
| Parking | 19 x Onsite parkings |
| Property ID | 2015838440 |
| Category | |
| Last updated | 29 Jan 2020 |
Listed by
More about 5 Gateway Drive Springfield QLD 4300
5 Gateway Drive Springfield QLD 4300 is categorized as Shop & Retail Property. It has a floor area of 271 m² and a land area of 2,154 m². There are 19 x onsite parkings.The listing ID for this property is 2015838440.
