3 Rex Hills Drive,
Ripley, QLD 4306
Shops & Retail • Offices • Other
Key property information
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CBRE - QLD
Level 3, 1 Eagle StreetBRISBANE CITY, QLD 4000
3 Rex Hills Drive
Ripley, QLD 4306
Map of 3 Rex Hills Drive
Brand New Freestanding Fast Food Investment | New 10 Year Lease to 2033 + Options to 2053
- Red Rooster: 360+ restaurants
- Built 2023 - max. depreciation benefits
- High profile 1,823sqm* site
Burgess Rawson is pleased to offer to market the Red Rooster at 3 Rex Hills Drive, Ripley QLD for sale via our Investment Auction Portfolio 164.
This opportunity has the following key investment highlights:
+ Brand new ten (10) year head office lease to 2033 plus four (4) further five (5) year options to 2053
+ Red Rooster: part of the Craveable Brands international network with 580 restaurants across Australia and employing over 13,000 people
+ Highly desirable freestanding fast food investment constructed in October 2023, offering outstanding tax depreciation benefits of $125,900 in the first year (90% of rent)
+ High profile 1,823sqm* site located directly off the Cunningham Highway servicing 40,000 vehicles passing daily* and directly adjoining Ampol, McDonald’s, Guzman y Gomez and Smartland Early Learning
+ Conveniently located 4km* from the Coles anchored Ripley Town Centre supported by 20 specialty stores and a current DA of 2,000+ residential dwellings
+ Annual fixed compounding 2.5% rent increases, ensuring certain income growth
+ Single lane drive-thru, modern configuration with on-site parking for 12 cars
+ Ripley: located in the Ripley Valley Priority Development Area (PDA) 32km* from the Brisbane CBD in one of Australia’s largest urban growth areas with development planning for 48,750 dwellings and 131,000+ residents
+ Ipswich: 7th fastest growing metropolitan location in Australia with forecast population growth of 120% to 520,000+ by 2041
+ Net Income: $139,100 pa + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 26 October 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
This opportunity has the following key investment highlights:
+ Brand new ten (10) year head office lease to 2033 plus four (4) further five (5) year options to 2053
+ Red Rooster: part of the Craveable Brands international network with 580 restaurants across Australia and employing over 13,000 people
+ Highly desirable freestanding fast food investment constructed in October 2023, offering outstanding tax depreciation benefits of $125,900 in the first year (90% of rent)
+ High profile 1,823sqm* site located directly off the Cunningham Highway servicing 40,000 vehicles passing daily* and directly adjoining Ampol, McDonald’s, Guzman y Gomez and Smartland Early Learning
+ Conveniently located 4km* from the Coles anchored Ripley Town Centre supported by 20 specialty stores and a current DA of 2,000+ residential dwellings
+ Annual fixed compounding 2.5% rent increases, ensuring certain income growth
+ Single lane drive-thru, modern configuration with on-site parking for 12 cars
+ Ripley: located in the Ripley Valley Priority Development Area (PDA) 32km* from the Brisbane CBD in one of Australia’s largest urban growth areas with development planning for 48,750 dwellings and 131,000+ residents
+ Ipswich: 7th fastest growing metropolitan location in Australia with forecast population growth of 120% to 520,000+ by 2041
+ Net Income: $139,100 pa + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 26 October 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Ripley, 4306 demographic data
The median household income for Ripley is $1,906, 3% higher than Greater Brisbane's household income of $1,849. Ripley has a younger age profile compared to the rest of Greater Brisbane (median age 29 vs 36). Property ownership data shows 79% of property owners in Ripley have a mortgage.
4,288
Population
$1,906 per week
Median household income
29 years
Median age
Owners
Most residents
Families
Most households
CBRE - QLDLevel 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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