A Guzman y Gomez outlet in Enoggera has been sold for $7.8 million, setting a new national record for a leased investment linked to the fast food brand.
Strategic Location Supports Value
The newly built Guzman y Gomez in Enoggera sits on a 1,746 square metre corner site. It is located just 5.5 kilometres from Brisbane’s CBD. With daily exposure to over 75,000 passing vehicles, the location offers strong visibility and accessibility. These factors, along with the property’s lease terms, contributed to its market appeal.
The lease agreement with Guzman y Gomez spans 25 years to 2050. There are additional options extending to 2090. The asset was sold for $7.8 million, reflecting a yield of 4.36 per cent. The sale sets a new national record for the highest price achieved for a Guzman y Gomez leased site.
Expressions of Interest Attract Broad Market Attention
The sale was managed by Stonebridge Property Group through an Expressions of Interest campaign that attracted more than 185 enquiries. The process resulted in nine competitive offers from interested parties, demonstrating strong demand for fast food investment assets.
Stonebridge noted that fast food sites are among the most actively sought-after properties across the country. Their combination of national tenants, essential services, and long-term leases offers investors a relatively stable and low-maintenance income stream.
High Net Worth Investors Drive Transaction Volume
The buyer was reportedly drawn to the long-term security offered by the ASX-listed tenant and the corner location’s traffic exposure. Stonebridge also reported increased activity from high net worth investors in 2025, with internal data revealing a 58 per cent rise in transaction volumes.
The result in Enoggera reflects the continued trend of investors targeting passive, long-term retail assets in growth corridors and inner-city areas.
Published 12-May-2025