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

Cushman & Wakefield Brisbane

Level 27, 123 Eagle St

Brisbane City, QLD 4000

Property Highlights

Floor Area	271 m²
Land Area	2,154 m²
Parking	19 x Onsite parkings
Property ID	2015838440
Category	Shop & Retail Factory, Warehouse & Industrial Showrooms / Bulky Goods
Last updated	29 Jan 2020

Map for 5 Gateway Drive Springfield QLD 4300

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Nearest transport* to 5 Gateway Drive Springfield QLD 4300

Bus

Train

Augusta Pkwy at Forester Avenue	1.1 km
Augusta Pkwy at Forester Avenue	1.1 km
Augusta Pkwy at Saint Augustines College	1.2 km
Augusta Pkwy at Saint Augustines College	1.3 km

*Within a 4km radius

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Cushman & Wakefield Brisbane

Level 27, 123 Eagle St

Brisbane City, QLD 4000

Property Highlights

Floor Area	271 m²
Land Area	2,154 m²
Parking	19 x Onsite parkings
Property ID	2015838440
Category	Shop & Retail Factory, Warehouse & Industrial Showrooms / Bulky Goods
Last updated	29 Jan 2020

Listed by

Cushman & Wakefield Brisbane

Call

1800 867076

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.