
Red Rooster Bundaberg
226 Bourbong Street, Bundaberg West, QLD, 4670, AU
Near-New Convenience Investment Underpinned by Long-Term Double Net Lease
JLL Retail Investments Queensland is pleased to present Hoppy’s Carwash Morayfield, a near-new convenience investment strategically positioned within one of South East Queensland’s fastest-growing residential corridors.
Located at 197 Graham Road, Morayfield, the asset is secured by a long-term double net lease to Hoppy’s Carwash with CPI-linked annual rental reviews, providing investors with inflation-protected income growth and a highly passive investment profile. Positioned within an established convenience precinct alongside 7-Eleven and McDonald’s, the property benefits from strong cross-patronage and exposure to over 40,000 passing vehicles daily.
Key Investment Highlights
Near-new convenience investment secured by Hoppy’s Carwash with a lease expiry in 2031 and two further 10-year options extending to 2051.
CPI-linked annual rent reviews delivering consistent, inflation-protected income growth.
Double Net lease structure with the tenant responsible for all outgoings (including land tax)
Prominent 3,077sqm* corner site positioned at the intersection of Graham Road and Buchanan Road.
Exposure to 40,000+ vehicles per day within a rapidly expanding residential catchment.
Located adjacent to McDonald’s and 7-Eleven, creating a destination-driven convenience precinct.
Situated within the City of Moreton Bay, Queensland’s largest and fastest-growing local government area.
For Sale via Expressions of Interest closing Thursday 2 July at 4:00pm (AEST).
*all items are approximate as at 30 June 2026


