CBRE is pleased to offer to the market KFC at 826 Blackburn Road (Cnr Wellington Road), Clayton VIC for sale via Investment Portfolio Auction 182.

This opportunity has the following key investment highlights:

+ Brand new fifteen (15) year lease to 2040 plus a further fifteen (15) years option to 2055
+ KFC: Iconic fast-food brand serving over 8 million Australian’s monthly, across 800 outlets nationally (1)
+ Southern Restaurants Group: Australia’s largest private KFC franchise group with an expanding network of 108 locations across VIC, NSW & ACT, with over 7,000 employees (2)
+ KFC operates over 30,000 restaurants across 150 countries, giving it the most extensive international presence among quick-service restaurant brands. Serving more than 84 million customers worldwide each week, it stands as one of the most iconic and fastest-growing retail brands globally (3)
+ Investor preferred net lease terms with Southern Restaurant Group paying all usual outgoings excluding land tax as per the lease.
+ Brand new construction, offering maximum depreciation benefits
+ Significant 1,370 sqm* site, with frontage and exposure to both Wellington & Blackburn Road, servicing over 80,000 vehicles daily (4)
+ A huge 51.3% compounding rental growth in the first term through fixed 3% annual rent increases ensuring continued income growth
+ Immaculate state-of-the-art drive thru facility with important on-title car spaces
+ Perfectly positioned within the Monash Technology Precinct, the largest employment hub outside the CBD with 20,000 businesses, 115,000 jobs and contributing $11.5 billion to the Victorian economy, located directly opposite Monash University Clayton Campus and surrounded by an abundance of student housing accommodation, combining for increased daytime and night-time population and spending power
+ Monash University: Australia’s largest University with the flagship Clayton Campus being the largest, spanning 110ha, operating as its own postcode, and accommodating over 50,000 students and staff on campus (5)
+ Clayton: 25km* from Melbourne’s CBD, with population forecast to grow 16% by 2041 (6)
+ City of Monash: One of the most populous municipalities in Victoria, home to over 217,000 people and producing over $36.4 billion in economic output (6)
+ Estimated Net Income: $276,000pa* + GST

For Sale via Investment Portfolio Auction
10:30am (AEDT) Wednesday 25 February 2025
River Room, Crown Casino Melbourne

*Approx
1. Roy Morgan Research
2. South Restaurants Group
3. Roy Morgan Research & KFC
4.GapMaps
5. Monash University
6. .id

Also available as part of Portfolio 182:

GYG – 96-98 Wellington Road
Lease term: 20 year term plus options to 2065
Est. Net Income: $327,000pa* + GST