Freestanding KFC Highway Investment | New 10 Year Net Lease to 2034
Description
Burgess Rawson is delighted to offer to the market KFC Young at 24 Zouch Street (Olympic Highway), Young NSW 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)
+ Fixed 3% annual rent increases, ensuring long term compounding incoming growth
+ Attractive net lease structure – Tenant pays 100% of outgoings including land tax
+ Large 2,023*sqm corner highway site (Olympic Highway, a major arterial connecting Sydney and Albury/Wodonga)
+ Purpose built facility with drive thru capabilities with ample on-site car parking and excellent visibility
+ New re-branding upgrades due in 2026 to the latest corporate designs
+ Strategic Highway site only metres from McDonald’s Liquorland, Ampol & Domino’s
+ Young: Part of the Hilltops Regional Council, which has a GRP of $1.07b (3)
+ By 2036, 53% of Hilltops Regional Council’s development pipeline is expected to occur in Young, driving significant economic growth (4). Additionally, 52% of total retail expenditure within a 5km radius is allocated to food and groceries (5)
+ Net Income: $250,000 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 Bathurst NSW
-KFC Moss Vale (Southern Highlands), NSW
Please contact the exclusively appointed sales team for more information.
(1) Kfc.com.au
(2) linkedin.com.au
(3) profile.id
(4) hilltopsregion.com.au
(5) gapmaps.com.au
Enquire
Contact agents
Justin Kramersh Senior Sales Associate
0460 349 605Yosh Mendis Head of Agency | Partner
0434 413 188Geoff Sinclair Director
0451 462 759Beau Coulter Partner
0413 839 898Enquiry Form
Young, NSW
24 Zouch Street
For Sale by Portfolio Auction
This property is part of Portfolio 172
Price: Contact Agent
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