Jones Real Estate and Stonebridge are pleased to offer a major southeastern BP & KFC anchored Service Centre investment, situated on more than 1 hectare of prime land within a major growth area.
Key highlights of this investment include:
- Brand new fully leased investment secured by BP, KFC, Repco and Pakenham Truck Wash (tenants paying all usual outgoings), providing significant depreciation tax benefits
- BP - Established multi- national oil company & leading fuel operator across 63 countries with a $90.5B market cap.
- KFC Kentucky Fried Chicken (KFC) is a leading international fast food brand with a rich history and track record of success. Founded in 1930, there are now over 29,900+ restaurants globally in more than 125 countries.
- Strategic 10,624sqm* landholding with 114m* frontage to Koo Wee Rup Road, future proofed by highly esteemed covenants with existing and future development in the area occurring
- The highly exposed service centre (20,000^ vehicles passing daily) is easily accessible for heavy vehicles with an ingress and egress from Koo Wee Rup Road.
- Population of Pakenham is 58,025** and is forecast to grow to 82,914** by 2041. Koo Wee Rup Road is the major urban arterial within Pakenham, connecting the residential to the industrial catchments.
- Strategically located as the first service centre off the Princes Freeway on Koo Wee Rup Road, opposite the entrance to one of the South East's premier industrial business parks, Southeast Business Park
- Net income of $736,656* with a long-term WALE of 10.2 years* (by income).
1110 Koo Wee Rup Road, Pakenham VIC 3810 is for sale via Public Expression of Interest closing Wednesday 26th June 2024 at 12pm (AEST)
To obtain further information or to arrange an inspection, please contact the exclusive selling agents at Jones Real Estate and Stonebridge Property Group
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