CBRE is pleased to offer to the market this freestanding KFC at 2 Commercial Drive, Lynbrook VIC, for sale via Investment Portfolio Auction 187.

The property has the following key investment highlights:

+ Brand new 10 year net lease commencing 1 April 2026, plus 4 x 10 year options extending to 2076.
+ KFC: Iconic fast-food brand serving over 2 million customers weekly across 812+ national outlets.
+ Southern Restaurants Group: Australia’s largest privately owned KFC franchisee operating 113 stores across VIC, NSW & ACT with 7,000+ employees.
+ Substantial 346sqm* large format KFC building, ranking among the largest stores within the KFC network.
+ Refurbished building, completed in 2021 to the latest tenant corporate design and layout plus recent 2025 upgrades, providing strong depreciation tax benefits.
+ Positioned within a high profile QSR and convenience retail hub alongside national operators including McDonald’s, Shell and Nando’s.
+ Outstanding highway exposure on the corner of Commercial Drive and the South Gippsland Highway, capturing 46,000+ vehicles daily.^
+ Landlord friendly net lease with tenant responsible for all outgoings excluding land tax.
+ Fixed 3% annual rent increases delivering strong and certain rental growth.
+ Lynbrook: A premier master-planned suburb located 36km from the Melbourne CBD, benefitting from the City of Casey’s $35.20 billion economic output and 98,131+ jobs.^^
+ Net Income: $322,125 pa + GST.

For Sale by Investment Portfolio Auction 187
10:30am (AEST) Wednesday 16 September 2026
Crown Casino, Melbourne

Please contact the exclusively appointed sales team for more information.

Justin Kramersh
0460 349 605
justin.kramersh@cbre.com

Zomart He
0488 220 830
zomart.he@cbre.com

Beau Coulter
0413 839 898
beau.coulter@cbre.com

* Approx
^ GapMaps
^^ REMPlan