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Jamie Perlinger
&
David Ingram

Burgess Rawson & Associates

62-64 High Street (corner Murray Valley Highway)
Wodonga VIC 3690
(Sold)

 

Price on Request

   
1 of 13 photos

Trophy Fast Food Investment

Sold with the help of allhomes
Renewed 10 year lease to 2024 – No options
Lessee: Red Rooster Foods Pty Ltd owned by Quick Service Restaurant Holdings with 560 restaurant and servicing 150,000 customers daily
Tenant in occupation since 1994 with strong trading history
Annual CPI reviews - Lessee pays all usual outgoings
Modern building with drive-thru facility and a major tenant store refurbishment in 2014
Strategic 3,049 sqm corner site with dual street frontage and exposure totalling 110 metres
Prime position on the main thoroughfare linking Albury & Wodonga plus Hume Highway with approximately 21,000 vehicles passing daily
Albury / Wodonga: booming regional twin cities with a trade catchment of over 196,000 people, only 3.5 hours from Melbourne
Rent: $138,300 pa + GST (as at May 2017 assume CPI 1.3%)

Auction 11am AEST Wednesday 17 May 2017
River Room, Crown Casino, Melbourne

Burgess Rawson & Associates

David Ingram
Email
David Ingram
Email
Property Type: Retail
Block Size: 3049 m2 (approx)

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Past Sales & Property Information

Vital Statistics

Block Size: 3049 m2 (approx)
Stamp Duty: $104,370

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The average age in Wodonga is 39 years and it has a population of 16,487.

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