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- 5 Gateway Drive, Springfield QLD 4300
Sold on 3 Dec 2019
5 Gateway Drive Springfield QLD 4300
- 271 m²
- Shop & Retail
Property Details
Date Sold:3 Dec 2019
Floor area:271 m²
Land area:2,154 m²
Parking:19 x Onsite parkings
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
2:00pm, Tue 3 December 2019
Cushman & Wakefield Sydney Office - Level 22, 1 O'Connell Street, Sydney
Location
Nearest Transport
Augusta Pkwy at Forester Avenue
1.1 km
14 min walk
Springfield station
2.4 km
29 min walk
Summary of 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.
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springfield central - city west 7003 sinnathamby boulevard,springfield central, QLD 4300
127,250 m²
Shop & Retail
Date added:
1 Nov 2019
Last updated:
29 Jan 2020
Property ID: 2015838440