25-27 Banna Avenue,
Griffith, NSW 2680
Shops & Retail
Price information
Sold
$1,600,000
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 25-27 Banna Avenue
Renewed 15 Year Lease Red Rooster. High Profile Main Road Location.
- New 15 Year Lease + Options
- High Exposure Main Road Position
- Tenant Pays Outgoings (as per lease)
New 15 year lease to 2031 + options to 2041.
Red Rooster, established brand over 43 years strong boasting 360 stores nationwide.
Griffith, established and growing inland city generating $1.35 billion GRP with a population catchment of 52,000.
High exposure main road position at eastern gateway into Griffith.
Modern fast food restaurant with drive through.
Large land area: 2,510 sqm.
Valuable depreciation allowances.
Surrounded by supporting national retailers.
Annual 2.5% rent increases (net income $127,167 in 2031).
Tenant pays all outgoings (as per lease).
Net Income: $90,000 pa + GST.
Red Rooster, established brand over 43 years strong boasting 360 stores nationwide.
Griffith, established and growing inland city generating $1.35 billion GRP with a population catchment of 52,000.
High exposure main road position at eastern gateway into Griffith.
Modern fast food restaurant with drive through.
Large land area: 2,510 sqm.
Valuable depreciation allowances.
Surrounded by supporting national retailers.
Annual 2.5% rent increases (net income $127,167 in 2031).
Tenant pays all outgoings (as per lease).
Net Income: $90,000 pa + GST.
Property ID: 501978014Last Updated: 31 Aug 2016
04511010...
25-27 Banna Avenue
Griffith, NSW 2680
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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