Stonebridge is pleased to present ‘KFC Glen Innes’ for sale via National Portfolio Auction on Wednesday 4 September at 1pm (AEST)
The asset has the following key investment features:
- Renewed 5 year net lease to 2028 + options to 2038 with fixed 3% annual rent increases
- Entry level fast food investment offering outstanding fundamentals at sub $1M price point
- KFC (Restaurant Brands) – ASX & NZX listed fast food giant, operating 376+ stores globally including KFC, Pizza Hut & Taco Bell
- High profile 1,302 sqm* corner site with 10 car parks, located on New England Highway directly opposite McDonald's and EG Ampol
- Longstanding track record of strong trade for 30+ years to captive market – only KFC within 75 km*
- Glen Innes – Thriving regional service hub, benefitting from unique position on nationally significant trade route and contributing to $13.7 Bn* economy via major agricultural, manufacturing and natural resource sectors
- Triple Net Lease – Tenant pays all usual outgoings including Land Tax, Rates and structural Repairs & Maintenance
- Net Income $37,815 pa* + GST
‘KFC Glen Innes’ is for sale via National Portfolio Auction on Wednesday 4 September at 1pm (AEST). Please contact the exclusively appointed Stonebridge property professionals for more information.
Brett O'Neill
+61 403 511 070
Tom Moreland
+61 408 072 822
Harry Curtain
+61 438 684 800
*Approximately
Property Code: 1012