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For Sale | Retail Investment Property

Prime Fast Food Investment - Secure 10 Year Net Lease

5 Pine Street
North Ipswich, QLD 4305
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Building Size:
Sale Price:
Lot Size
1,610 SQM
Cushman & Wakefield is pleased to present to the market 5 Pine Street, North Ipswich (Brisbane) for Sale via Offers to Purchase. The property has the following key characteristics: - Secure 10 year net lease to 2030 + options to 2050 - Guzman Y Gomez - Successful, rapidly growing fast food chain, 151 stores globally & market cap of $870 Million - Brand new drive thru store, complete with latest Guzman Y Gomez corporate fit out offering longevity & significant depreciation benefits - High profile standalone corner site with 1,610 sqm land zoned CBD Res High Density (Mixed Use) - Adjacent to $250 Million Riverlink Shopping Centre with 6.15 ha retail space including Coles, Woolworths, ALDI, Target, Kmart & Limelight Cinemas - Ipswich - Booming location 30 km from Brisbane, fastest growing municipality in QLD with 151% population growth forecast to 2041, totalling 555,000+ residents - Net lease - Tenant pays all outgoings incl. Land Tax - Fixed 3.5% annual rent increases - Net Income $181,125 pa + GST For more information please contact the Exclusive Property Professionals at Cushman & Wakefield. - Brisbane - West
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