Top Performing KFC – Adjoins Woolworths Anchored Shopping Centre
51-57 Hospital Road, Emerald QLD
Property Highlights
Description
# New 15 year lease to 4 August, 2033
# Net passing income of $108,638 p.a.
# 100% leased to ASX200 company, Collins Foods Limited (ASX:CKF), which reported $901.2 million in revenue in the 2019 financial year and has a market capitalisation of approximately $1.17 billion
# Collins Food is operating a high performing KFC from the property which has recorded 13.7% turnover growth in the year to 23 June, 2019
# KFC Emerald is located in one of the most productive regions in the country, the Central Highlands Region, with Gross Regional Product of $140,322 per capita compared to Gross Domestic Product per capita of $79,107 across Australia
# High profile, freestanding restaurant on an expansive 1,263 sqm site with 20 car parks and fronting Hospital Road & Gregory Highway
# Directly next door to Woolworths-anchored ‘The Village @ Emerald’ shopping centre which generates significant foot traffic
# Tenant pays all outgoings excluding land tax
Auction 12 noon AEDT, Wednesday 30 October 2019
Crown Casino, Melbourne VIC
Property Details