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.
