Stockland Townsville, QLD
AU - Townsville, QLD
44,928 m²
Asset Description
JLL Retail Investments is privileged to present the rare opportunity to purchase KFC Bairnsdale, a freehold investment leased to one of Australia’s leading fast-food brands.
KFC Bairnsdale is located on a premium CBD landholding on Main Street within Bairnsdale, a thriving city within East Gippsland.
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Attributes
Asking Price
NZ$4,313,000
Building area Gross
196 m²
Occupancy
100.00%
Year built
2000
Media
Investment Highlights
· Secure 7-Year Lease expiring November 2028 with options to 2058
· Attractive net lease structure with fixed annual rental increases
· Significant 3,161sqm corner landholding with massive 38m* frontage to Main Street
· Longstanding KFC business servicing the wider East Gippsland Region
· Consists of a 295sqm* restaurant with internal and external dining areas and drive-thru
· Convenient on-site parking for 14 vehicles
· Current Passing Income of $161,000*p.a. + GST
KFC Bairnsdale is For Sale by Expressions of Interest closing 4.00pm (AEST) Thursday 1st of June 2023.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Jarrod Herscu | 0418 155 062
Tom Noonan | 0402 319 698
MingXuan Li | 0498 688 998
Contact brokers
KFC Bairnsdale (0 Properties)
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Last updated
15 May 2023
