Brand New Freestanding KFC Investment | 10 Year Lease To Nov 2034 Plus Options to 2064
Description
Burgess Rawson is pleased to offer to the market the Brand New KFC located at 98-106 Westall Road, Springvale VIC for sale via our Investment Portfolio Auction 174.
This opportunity has the following key investment highlights:
+ Brand new 10 year lease to 2034 plus three (3) further ten (10) years options to 2064.
+ KFC: Iconic fast-food brand serving over 2 million customers weekly across 800 outlets nationally.(1)
+ Southern Restaurants Group: Australia’s largest private KFC franchise group with an expanding network of 95 locations across Vic, NSW & ACT, with over 7,000 employees.(2)
+ Investor preferred net lease terms with Southern Restaurant paying all usual outgoings including building insurance as per the lease.
+ New Nov 2024 construction, offering maximum depreciation benefits.
+ Favourable annual CPI reviews.
+ Immaculate state-of-the-art dual lane drive thru facilities.
+ High Profile. strategic corner location with 48 metres frontage to busy 6 lane Westall Road with 58,000 vehicles passing daily. (3)
+ Springvale: highly sought-after and established commercial/residential location 20km south-east of Melbourne’s CBD, forecast to grow by 125.49% by 2046.(4)
+ City of Greater Dandenong: Growing population of 164,484, to increase by 15.4% to 189,891 by 2036 (5) with an annual economic output of $58.2B.(6)
+ Estimated Net Income: $200,000pa* + GST
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 18 February 2025
River Room, Crown Casino, Melbourne
For Further Information Please Contact The Exclusive Agents:
Matthew Wright- 0458 290 588
Zomart He- 0488 220 830
Beau Coulter- 0413 839 898
Justin Kramersh- 0460 349 605
*Approx
1 KFC
2 Southern Restaurants
3 GapMaps
4 Forecast.id
5 REMPLAN
6 Victoria in Future 2023
Enquire
Contact agents
Matthew Wright Partner
0458 290 588Zomart He 何梓轩 Partner
0488 220 830Beau Coulter Partner
0413 839 898Justin Kramersh Senior Sales Associate
0460 349 605Enquiry Form
Springvale, VIC
98-106 Westall Road
For Sale by Portfolio Auction
This property is part of Portfolio 174
Price: Contact Agent
Contact agents
-
Matthew Wright Partner
0458 290 588 -
Zomart He 何梓轩 Partner
0488 220 830 -
Beau Coulter Partner
0413 839 898 -
Justin Kramersh Senior Sales Associate
0460 349 605