10 year lease to KFC to December 2019 + options to 2034.
KFC: one of the largest fast food chains in Australia.
Modern KFC restaurant featuring internal & al fresco dining, drive thru and ample customer parking.
Central Coast: population 333,119 & generating $11.77 billion in GRP.
Population forecast to swell to over 422,200 people by 2031.
Strategic homebound location just off the M1 Pacific Motorway.
High exposure to Central Coast Highway, around 32,505 vehicles per day.
Set adjacent to Caltex in popular retail precinct including Repco, Anaconda, Spotlight, Domain, Dan Murphy’s, Officeworks & Bunnings.
Net lease, tenant pays outgoings, (incl. management fees) as per the lease.
Net Income $276,230 pa + GST.