Brand New Freehold KFC Investment | New 12 Year Head Office Lease (ASX: CKF)

Description

Burgess Rawson are pleased to present a brand new KFC investment located at 20 Ballantine Street, Clinton (Gladstone) QLD 4680 for sale via Investment Portfolio Auction 173.

The property has the following investment highlights:

+ Brand new twelve (12) year head office lease to September 2036 plus options through to September 2054
+ Collins Foods (ASX: CKF): ASX listed fast food giant operating 280+ KFC stores in Australia with a market cap of $1.06 billion
+ Investor preferred net lease terms with the tenant paying all usual outgoings including management fees as per the lease
+ Annual fixed 3.25% rent increases, ensuring rental growth
+ Trophy KFC restaurant with an important dual lane drive-thru and 23 on-site car spaces
+ New construction completed in September 2024, offering outstanding depreciation benefits of $133,924 in the first year (47% of rent)
+ High profile 3,076sqm* corner landholding with dual access and direct frontage to the Dawson Highway, offering exposure to over 29,000 passing vehicles daily*
+ Directly opposite key national retailers Bunnings, Harvey Norman, Dan Murphy’s, Chemist Warehouse, BCF, Pillow Talk as well as renowned F&B venue the Harvey Road Tavern
+ Situated within close proximity to Gladstone’s key social infrastructure including the Gladstone Airport (800m*) & Gladstone Central Plaza (2km*)
+ Gladstone: thriving industrial economy with QLD’s largest multi-commodity port & a Gross Regional Product of $5.62 billion
+ Net Income: $280,000 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 12 December 2024
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.

Enquire

Contact agents
Andrew Havig Partner
0478 010 990
Josh Scapolan Senior Sales Executive
0484 229 829
Fin Hume Sales Cadet
0488 008 975
Enquiry Form

Clinton, QLD

20 Ballantine Street

For Sale by Portfolio Auction
Thursday 12th December 10:30AM The Hilton, Brisbane

This property is part of Portfolio 173

Price: Contact Agent

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