Brand New Freestanding KFC Investment | New 10 Year Net Lease to 2034

Description

Burgess Rawson is delighted to offer to the market KFC Bathurst (Kelso) located at 14 Ingersole Drive (Great Western Highway), Bathurst (Kelso) for sale via our Investment Portfolio Auction #172.

This opportunity has the following key investment highlights:

+ Brand new 10 year net lease to 2034 plus options to 2064
+ KFC – Iconic fast-food brand serving over 2 million customers weekly across 800 outlets nationally (1)
+ Southern Restaurants Group: Australia’s largest private KFC franchise group with an expanding network of 95 locations across Vic, NSW & ACT, with over 7,000 employees (2).
+ Compounding fixed 3% annual rent increases, ensuring long term incoming growth.
+ Attractive net lease structure – Tenant pays 100% of outgoings including land tax.
+ New 2023 construction, offering maximum depreciation benefits
+ Immaculate state-of-the-art facility with important dual lane drive thru
+ Substantial 2,759sqm* highway site, located in the emerging ‘Gateway’ development.
+ Surrounded by key national retailers including Anaconda, Total Tools, BCF & Petbarn with a host of nationals relocating to this Gateway location including Super Cheap Auto and Harvey Norman. Beacon lighting, Rebel Sport, Sydney Tools and RSEA have also committed to this rapidly emerging gateway location.
+ 51% of the total retail expenditure within a 5km radius is spent on food & groceries (3)
+ Bathurst: Located in the Central West Region which has a diverse economy, and a population set to increase 25% to 325,000 individuals by 2041 (3)
+ Net Income: $300,000 pa + GST

To be sold via Investment Portfolio Auction #172
10:30am (AEDT), Tuesday 29 October 2024
Sydney Opera House, Yallamundi Rooms

Also available as part of the ‘Freestanding KFC Portfolio’

-KFC Moss Vale (Southern Highlands), NSW
-KFC Young, NSW

Please contact the exclusively appointed sales team for more information

1. Kfc.com.au
2. linkedin.com.au
3. profile.id

Enquire

Contact agents
Justin Kramersh Senior Sales Associate
0460 349 605
Yosh Mendis Head of Agency | Partner
0434 413 188
Geoff Sinclair Director
0451 462 759
Beau Coulter Partner
0413 839 898
Enquiry Form

Kelso, NSW

14 Ingersole Drive

For Sale by Portfolio Auction
Tuesday 29th October 10:30AM Yallamundi Rooms, Sydney Opera House

This property is part of Portfolio 172

Price: Contact Agent

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