Red Rooster, 62-64 High Street (corner Murray Valley Highway),
Wodonga, VIC 3690

Shops & Retail • Showrooms & Large Format Retail

Key property information

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Map of Red Rooster, 62-64 High Street (corner Murray Valley Highway)

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Trophy Fast Food Investment

Renewed Lease to 2024
Major corner site - 3,049 sqm
21,000+ vehicles passing daily

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 – CPI 2.5%)

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

Wodonga, 3690 demographic data

The median household income for Wodonga is $1,364, 2% lower than Regional Victoria's household income of $1,386. Wodonga has a younger age profile compared to the rest of Regional Victoria (median age 39 vs 43). Property ownership data shows 49% of property owners in Wodonga have a mortgage.

20,259

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$1,364 per week

Median household income

39 years

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