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New KFC Brisbane Investment secure lease with options to 2051

201/486 Browns Plains Road , Berrinba QLD

Property Highlights

New 10 Year lease to Collins Foods
Annual Compounding 2.5% rent increases
Significant depreciation benefits
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Description

New 10 year gross lease to Collins Foods Ltd, a $1.40 Billion ASX-listed company and Australia’s #1 KFC operator with 253 stores nationally.
Collins Food recently announced 2021 KFC sales growth of 12.9%.
Annual compounding 2.5% rent increases.
Strategic Logan Motorway corridor location between QLD’s three most important population centres, Brisbane CBD (22km), Gold Coast (45km) and Ipswich (32km).
Surrounded by many of Brisbane’s most important logistics facilities including Google, Charter Hall, GPT, Frasers, Logos, DHL, Metcash, Toll, JB Hi-Fi, Sigma, Pharmaceuticals, John Deer, Lion Drinks, Rinnai, Penrite Oil and a Woolworths Shopping Centre.
Situated within the Berrinba Central development surrounded by leading retailers including United Petroleum, Bridgestone, Starbucks and Salvo’s Store.
A brand new 2021 purpose built 220sqm* drive thru store, opening in May and already delivering an outstanding trading performance.
Large 2,190sqm* site with 2-lane drive thru and 29 on site car spaces
Significant depreciation benefits, $255,900 potential year 1 rent potentially deductible (148% of rent)***.
91.747* residents plus 17,752 workers employed** within 5km.
Logan: Local population forecast to grow by 50% to 500,000 by 2036****, attracting $1.9 billion in industrial development in the last two years*****.
Estimated Net Rental: $174,176*

For Sale by Investment Portfolio Auction
11am (Brisbane Time) Wednesday 10 November 2021

*Approx
**Reader’s Digest
***Napier and Blakeley
****Logan City Council
*****Urban Developer

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
2,190 SQM
Building Area
224 SQM

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