Trophy KFC Freehold Leased to ASX Listed Collins Foods, Constructed 2023

Description

CBRE are pleased to offer to market the freehold KFC located at 17 Norton Promenade, Dalyellup (Bunbury) WA for sale via Investment Portfolio Auction 183.

The property has the following key investment highlights:

+ Long 10 year net lease to December 2033 plus options to 2053.
+ Collins Foods: ASX listed fast food giant with 290+ KFC stores in AUS and current market cap of $1.16B*. (1)
+ Tenant pays all usual outgoings including land tax, insurances and management fees (capped).
+ Guaranteed growth via fixed 3% annual rent increases.
+ Immaculate 2023 construction completion providing significant depreciation benefits, 41% of year 1 rent potentially tax free, (2)
+ As new 270sqm* freestanding KFC restaurant with dual lane drive-thru.
+ Strategic position in fast food precinct within metres of Hungry Jack’s, McDonald’s and Chicken Treat.
+ Significant 2,722sqm* freehold landholding with 24 on-title sealed and lined car spaces.
+ In heart of town centre amongst Woolworths SC, Coles SC, 7-Eleven, Liberty, Red Dot and more.
+ Benefits from Dalyellup Beach Estate which will house 11,000 residents upon completion. (3)
+ Bunbury: WA’s second largest city and economic hub of the entire south-west region.
+ Net Income: $228,093pa* + GST

To be sold via Investment Portfolio Auction
10:30am AEDT Wednesday 1 April 2026
Crown Casino, Melbourne

* Approx
1. Collins Foods
2. J Mathew Advisory
3. Satterley

Enquire

Contact agents
Beau Coulter Senior Director
0413 839 898
Chloe Mason Associate Director
0466 610 729
Lachlan Andrew Sales Associate
0426 890 080
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Dalyellup, WA

17 Norton Promenade

For Sale by Portfolio Auction
Wednesday 1st April 10:30AM Crown Casino - Garden Room - Melbourne

This property is part of Portfolio 183

Price: Contact Agent

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