Brand New Metro Perth KFC Freehold in One of Australia's Fastest Growing LGA's

Description

CBRE are pleased to offer to market the brand new freehold KFC located at 915 Wanneroo Road, Wanneroo (Perth) WA for sale via immediate offers to purchase.

The property has the following key investment highlights:

+ Brand new Fifteen (15) year lease to June 2041 plus options to 2066.
+ KFC: ASX listed Collins Foods, FY25/26 revenue up 8.6% to $1.59 Billion. (1)
+ Guaranteed income growth via fixed 3% annual rent increases.
+ Tenant pays all usual outgoings including rates, land tax, building insurance and management fees (capped).
+ Trophy 275sqm* freestanding KFC restaurant with important dual lane drive-thru facility.
+ Immaculate 2026 construction providing significant tax saving depreciation benefits with 40% of year 1 rent potentially tax free. (2)
+ High profile Wanneroo Road position with 39,000 vehicles passing daily. (3)
+ Prime 2,167sqm* corner freehold site with 89 metre* dual frontage and 24 on-title car parks.
+ Strategic position opposite Wanneroo Central SC with 50+ retailers inc Coles, Kmart & ALDI.
+ City of Wanneroo: one of the fastest growing LGA’s in AUS, population forecast to nearly double by 2046. (4)
+ Wanneroo: booming metro suburb only 20km* north of Perth CBD.
+ Net Income: $289,055pa* + GST

To be sold via immediate offers to purchase.

* Approx
1. Collins Foods
2. Mansfield Property Advisory
3. GapMaps
4. .id

Enquire

Contact agents
Beau Coulter Senior Director
+61 413 839 898
Chloe Mason Associate Director
+61 466 610 729
Lachlan Andrew Sales Associate
0426890080
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Wanneroo, WA

915 Wanneroo Road

For Sale

This property is part of Portfolio 186

Price: Contact Agent

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