
24 Light Street
24 Light Street, Fortitude Valley, QLD, 4006, AU
894 sf
JLL Retail Investments is pleased to exclusively offer for sale Red Rooster Bundaberg – a dominant quick service retail investment strategically positioned within Bundaberg’s established retail and convenience corridor. Underpinned by a brand new 15-year net lease to Red Rooster Foods Pty Ltd (a subsidiary of Craveable Brands) with options extending through to 2060. The opportunity offers investors secure, long-dated and passive income exposure to one of Australia’s most defensive and sought-after retail subsectors.
Occupying a prominent 2,706sqm* corner landholding with over 100 metres* of frontage to Bourbong and Bingera Streets, the property benefits from exceptional exposure, accessibility and a proven trading history spanning more than 20 years at the location. Fixed annual rental growth and a net lease structure deliver a highly defensive income profile with minimal management requirements.
Key investment highlights include:
-Brand new 15-year net lease to Red Rooster Foods Pty Ltd (a subsidiary of Craveable Brands) expiring 30 June 2040
-2 x 10-year options extending lease tenure through to 2060
-Fixed 3.0% annual rental increases
-Net lease structure with tenant responsible for all usual outgoings
-Prominent 2,706sqm corner landholding with 100m+ street frontage
-Corporate-backed income with operational risk passed through to an experienced franchisee
-Proven fast-food location with 20+ years of continuous trading
-Net Income of $160,900 per annum.
The opportunity to acquire this defensive fast-food investment is For Sale via Expressions of Interest closing 4:00pm (AEST), Thursday 25 June 2026.
All items are approximate. All financial information is as at 1 July 2026.


