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SOLD

270 Dawson Parade, Arana Hills, QLD, 4054

Properties / Sold / Queensland / Arana Hills

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Closing Thursday 5th September 2024 at 4pm (AEST)

Floor Area

215 m² (*approx)

Property Type

Retail

Sub-type

Cafe/Restaurant, Mixed Use

Terms

Underpinned by a 10-year net lease with additional options extending to 2048.

Fully Leased

Red Rooster

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2. Property Highlights

Blue-Chip QSR Investment in Premium Retail Precinct

10 year initial lease to Red Rooster
10km* north-west of Brisbane CBD
Highly sought-after QSR Investment

CBRE is pleased to present to market Red Rooster, Arana Hills.

- 100% secured by Red Rooster, an established blue-chip retailer that forms part of the Craveable Brands networks with over 580 restaurants across Australia.

- Underpinned by a 10-year net lease with additional options extending to 2048.

- Prominently positioned with great exposure to Dawson Parade and Patricks Road, the 215sqm* drive-thru facility is positioned for convenience allowing access via Patricks Road.

- Situated in the heart of the Arana Hills retail precinct adjoining the sub-regional Arana Hills Plaza and within very close proximity to Guzman Y Gomez, Hungry Jacks, Ampol Service Station, Grovely State School, Arana Leagues Club & Grovely Train Station.

- A set and forget retail investment, boasting an easily managed and defensive income stream with built in income growth of 3% p.a.

- The continual supply constraints and challenges within the construction industry places this asset well below replacement costs.

Red Rooster Arana Hill’s is For Sale by way Expressions of Interest closing Thursday 5th September 2024 at 4pm (AEST).

For further information on this opportunity, please reach out to sales and marketing agents.

*Approximate. ^As at 1 July 2024

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