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Rare Entry Level Freehold KFC | On-Site For 25+ Years

212-218 Queen Street, Ayr QLD

Property Highlights

Leased to ASX listed industry giant
Recent capital upgrade
Commanding 2,023sqm* Bruce Hwy site
Register to Bid

Description

Burgess Rawson is pleased to offer to the market 212-218 Queen Street, Ayr QLD for sale via our Investment Portfolio 168.

This opportunity has the following key investment highlights:

+ Ten (10) year net lease to Collins Foods to 2026 plus options to 2034
+ Collins Restaurants Queensland Pty Ltd: wholly owned subsidiary ASX retail giant Collins Foods Ltd – fast food giant operating 275 KFC stores nationally, with a market cap of $1 billion
+ Super strong trading store, on-site for 25+ years
+ Recent capital refurbishment to new KFC branding
+ Expansive 2,023sqm* Bruce Highway freehold site with 40 metres* of direct frontage
+ Desirable annual CPI reviews
+ Tenant responsible for all usual outgoings as per lease
+ Surrounded by complimentary retailers Woolworths, Coles, Harvey Norman and Kmart
+ Burdekin Region: located 70km* south of Townsville, with a rich history of agricultural success – one of Australia’s largest Sugarcane farming mecca’s
+ Net Income: $147,608 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 16 May 2024
The Hilton, Brisbane

Bidder registration required, register at portfolioauctions.com.au

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
2,023 SQM
Building Area
1 SQM

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