+10 Photos

SOLD

1409 Sandgate Road, NUNDAH, QLD, 4012

Properties / Sold / Queensland / Nundah

Tenanted Investment

1. Property Summary

Selling Method

SOLD

Selling Details

SOLD

Land Area

1,217 m² (*approx)

Floor Area

145 m² (*approx)

Property Type

Retail, Land

Terms

5-year lease

Est. Income

$86,763 p/a

Fully Leased

Red Rooster

Car Spaces

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2. Property Highlights

Fast Food Investment on Corner Development Site

Ray White Commercial QLD are pleased to offer Red Rooster Nundah for sale by Auction.

The Auction will be conducted at Level 26,111 Eagle Street, Brisbane City, on Thursday 18 August 2022 at 10:45 am (AEST).

Red Rooster Nundah offers a fast food investment opportunity with the security of a long term existing national tenant and the future benefit of substantial development upside.

The asset is underpinned by the following highlights:

• 5-year lease to Red Rooster

• Net income: $86,763* + GST pa.

• Mixed Use zoning allowing potential code assessable redevelopment up to 5 storeys

• 1217sqm* site area with 69m* frontage to Sandgate Road and Henchman Streets

• 45,000* vehicles passing daily

• 23 on-site car parks

• Huge potential for capital growth, underpinned by strong fundamentals and demographics

Contact the exclusive marketing agents for more information. We encourage your enquiry and inspections.

*Approx

Remember to mention you found this property on CommercialReady

Property Type

Retail, Land

Est. Income

$86,763 p/a

Tenant

Red Rooster

Terms

5-year lease

Land Area

1,217 m² (*approx)

Floor Area

145 m² (*approx)

Car Spaces

Selling Method

SOLD

Selling Details

SOLD

2. Property Highlights

Fast Food Investment on Corner Development Site

Ray White Commercial QLD are pleased to offer Red Rooster Nundah for sale by Auction.

The Auction will be conducted at Level 26,111 Eagle Street, Brisbane City, on Thursday 18 August 2022 at 10:45 am (AEST).

Red Rooster Nundah offers a fast food investment opportunity with the security of a long term existing national tenant and the future benefit of substantial development upside.

The asset is underpinned by the following highlights:

• 5-year lease to Red Rooster

• Net income: $86,763* + GST pa.

• Mixed Use zoning allowing potential code assessable redevelopment up to 5 storeys

• 1217sqm* site area with 69m* frontage to Sandgate Road and Henchman Streets

• 45,000* vehicles passing daily

• 23 on-site car parks

• Huge potential for capital growth, underpinned by strong fundamentals and demographics

Contact the exclusive marketing agents for more information. We encourage your enquiry and inspections.

*Approx

Remember to mention you found this property on CommercialReady