Rare KFC Ground Lease Investment, Secure 15 Year Lease + Options to 2040
139-145 Maitland Street , Muswellbrook NSW
Property Highlights
Company lease to Yum! brands
4%pa rental increases
Tenant pays outgoings
Description
Auction 11am AEDT Tuesday 4 December 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Strategic 2,024 sqm landholding with terrific access & ample parking
Latest format KFC store with drive-thru
Major New England Highway exposure
Busy location adjoining BP service station & near CBD
Secure 15 year lease to 2025 + options to 2040
KFC: global fast food, over 20,500 outlets in 125+ countries globally
Net lease, tenant is responsible for the payment of outgoings
Guaranteed rental growth, fixed 4% annual rental increases
Super easy ground lease, set & forget investment
Net Income: $142,331 pa + GST (Feb 2019)
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
2,024 SQM
Building Area
350 SQM