Brand New Taco Bell Drive Thru | 10 Year Lease to 2032 | Officer Growth Zone

Burgess Rawson, in conjunction with Gross Waddell ICR and Gorman Allard Shelton, is pleased to offer to the market, Taco Bell Beaconsfield, for sale via our Investment Portfolio Auction 156.

The property has the following investment highlights:

+New 10 year net lease to Collins Foods Ltd (ASX: CKF) a fast food giant with a market cap of over $1.12 Billion
+Collins Foods: Operator of Taco Bell and #1 KFC operator in Australia with over 343 restaurants throughout Australia, Germany, Netherlands, Japan and Thailand.
+Collins Foods recently announced 2022 sales growth of 11.1%*****.
+Taco Bell: Globally recognised brand with 500+ Restaurants in 30 countries
+Strong and certain rental growth with fixed annual, compounding 3% increases.
+Landlord-favourable, net lease terms with tenant responsible for their proportion of outgoings as per the lease.
+Strategic home bound Princes Highway location, metres from Monash Freeway exit with exposure to over 58,000 vehicles passing daily****
+A brand new 2022 purpose built 275sqm* drive thru store due to open Q1 2023.
+Large 1,099sqm* site with 30 on site car spaces.
+Significant depreciation benefits, $206,000 year 1 rent potentially deductible (117% of rent)***
+Located within the Beaconsfield Service Centre anchored by fellow national tenants BP, KFC and Carls Jr as well as six (6) retail shops
+Position perfect adjoining a proposed 108 townhouse development and future planned Woolworths anchored shopping centre within 100 metres*
+Beaconsfield: located 44km* from the Melbourne CBD and strategically positioned at the entrance to the Officer high growth suburb with the population forecasted to grow 244% to 35,912 by 2036**.
+Located in the Princes Highway growth corridor with the population forecasted to increase by 67% by 2041**
+An Essential Service Investment
+Estimated Net Income: $175,000 pa* plus GST

To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 26th October 2022
Crown Casino, Melbourne

*Approximately
** ForcastID
***JM Advisory
****Gapmaps
*****Collins Foods Annual Report 2022