Stonebridge is pleased to present ‘KFC Grafton’ for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Secure 10 year lease to 2029 + options to 2039 with desirable uncapped CPI annual rent increases
- KFC (Restaurant Brands) – ASX & NZX listed fast food giant, operating 376+ stores internationally including KFC, Pizza Hut & Taco Bell
- Prime 1,470 sqm* corner site offering dual street access and well configured drive thru plus 19 car parks
- Strong trading KFC on site for 40+ years
- Strategic location only 165m* to Woolworths, Coles, Target & Big W anchored shopping centre, attracting 4.2m+ visitors annually*
- Modern improvements including recent tenant funded refurbishment works offering favourable depreciation benefits
- Prominent position providing 75m* direct frontage to Craig Street accommodating 13,520+ vehicles daily*
- Ideally located only 340m* to $240 million* ‘New Grafton Bridge’ leading to South Grafton town centre, home to Bunnings, Coles, McDonald’s, Hungry Jack’s, BCF and Supercheap Auto
- Grafton – Key city in the NSW Northern Rivers region and major contributor to its thriving $17.3 billion* economy, over $1.35 billion* in publicly funded projects underway
- Net Income – $168,148 pa* + GST
‘KFC Grafton’ is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 1008