- Leased until 2023 plus option until 2028.
- Income $124,461 pa net.
- Land area 2,654sqm*.
- Adjoining KFC, Hungry Jacks and Bunbury Forum Shopping Centre.
- Exterior recently upgraded.
- First time offered for sale in over 30 years.
Burgess Rawson is pleased to offer for sale by 'Public Auction' this outstanding
opportunity to secure a long term leased investment in this truely unbeatable location.
Bunbury is located 180 kilometres* south of Perth and dubbed the second capital city of Western Australia. Red Rooster Bunbury is located amongst a cluster of multinational food retailers and Bunbury Forum Shopping Centre all taking advantage of the high traffic flow, excellent exposure and location to service the ever expanding population.
Improvements
Freestanding predominantly brick walls and colourbond roof fast food outlet with seating for 33 patrons and a takeaway drive thru. There are 48 car bays on site.
Title Details
Lot 66 on Diagram 59348 Certificate of Title Volume 2097 Folio 953.
Land Area
2,654sqm* - Subject to certain Rights of Carriageway.
Zoning
The City of Bunbury advise that the property is zoned 'Shopping Centre'.
Lease Details
Current Income $124,461 pa net + GST
Lease Expiry June 2023 plus option until 2028
Auction
The auction will be held at the Parmelia Hilton Hotel Mill Street, Perth at 1pm on Wednesday, 9th March 2016. Interstate bidding is available upon request.
The successful bidder will be required to pay a 10% deposit on fall of the hammer with the balance at settlement being the 22nd April 2016.
Goods and Services Tax
The property is sold as a 'Going Concern'.
For further details please contact
Rob Selid
0412 198 294
rselid@burgessrawson.com.au
