CBRE and King & Heath First National Real Estate are pleased to offer to market the freehold KFC located at 303 Esplanade, Lakes Entrance VIC for sale via Investment Portfolio Auction 185.

The property has the following key investment highlights:

+ Five (5) year lease to 5 December 2026 plus option to 2031.
+ Proven location, KFC trading on-site 18+ years.
+ Strong performing store, with year on year growth over the past 5 years.
+ Southern Restaurants: AUS largest privately owned KFC franchisee operating 110 stores across VIC, NSW and ACT.
+ Tenant pays all usual outgoings as per the lease.
+ Prime 344sqm* KFC restaurant updated to latest corporate standard.
+ 519sqm* Commercial 1 freehold zone site with dual frontage and important on-title car parking.
+ High exposure waterfront position on main retail strip amongst Woolworths, K hub, NAB & Australia Post.
+ Lakes Entrance: year round tourist mecca with permanent population of 8,600 swelling to 25,000-30,000 over the summer period.
+ Potential 50% stamp duty savings.
+ Net Income: $125,112pa* + GST

To be sold via Investment Portfolio Auction
10:30am AEST Wednesday 24 June 2026
Garden Room, Crown Casino, Melbourne

*Approx