Burgess Rawson is delighted to offer to the market KFC Young at 24 Zouch Street (Olympic Highway), Young NSW for sale via our Investment Portfolio Auction #172.
This opportunity has the following key investment highlights:
+ Brand new 10 Year net lease to 2034 plus 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)
+ Fixed 3% annual rent increases, ensuring long term compounding incoming growth
+ Attractive net lease structure Tenant pays 100% of outgoings including land tax
+ Large 2,023*sqm corner highway site (Olympic Highway, a major arterial connecting Sydney and Albury/Wodonga)
+ Purpose built facility with drive thru capabilities with ample on-site car parking and excellent visibility
+ New re-branding upgrades due in 2026 to the latest corporate designs
+ Strategic Highway site only metres from McDonald's Liquorland, Ampol & Domino's
+ Young: Part of the Hilltops Regional Council, which has a GRP of $1.07b (3)
+ By 2036, 53% of Hilltops Regional Council's development pipeline is expected to occur in Young, driving significant economic growth (4). Additionally, 52% of total retail expenditure within a 5km radius is allocated to food and groceries (5)
+ Net Income: $250,000 pa + GST
To be sold via Investment Portfolio Auction #172
10:30am (AEDT), Tuesday 29 October 2024
Sydney Opera House, Yallamundi Rooms
Also available as part of the 'Freestanding KFC Portfolio'
-KFC Bathurst NSW
-KFC Moss Vale (Southern Highlands), NSW
Please contact the exclusively appointed sales team for more information.
(1) Kfc.com.au
(2) linkedin.com.au
(3) profile.id
(4) hilltopsregion.com.au
(5) gapmaps.com.au