‘Fast Food Jewels in the Crown’

161 Boat Harbour Drive, Urraween QLD

Property Highlights

KFC: 23 yr lease + option to 2041
Pizza Hut: 10 yrs + option to 2039
3.5% & 4% rent increases
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Description

+ KFC: 23 year Net lease to 2031 plus options to 2041
+ Pizza Hut: 10 year Net lease to 2029 plus options to 2039
+ Collins Foods Ltd: ASX listed giant, current $1.31b market cap
+ Unrivalled perfect ‘entry’ position to Stockland SC: Coles, Kmart, Dan Murphy’s, next to McDonald’s
+ 3,392sqm freehold site on one of QLD’s busiest regional thoroughfares
+ Hervey Bay: Trade catchment 107,000+ & 4.3m visitors annually
+ Net Income: $317,125 pa + GST

For Sale by Investment Portfolio Auction
11am (AEST) Wednesday 29 September 2021
Venue: Crystalbrook Vincent Hotel, 5 Boundary Street, ‘Howard Smith Wharves’ Brisbane

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
3,392 SQM
Building Area
450 SQM

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