263 Bourbong Street Bundaberg West QLD 4670

Burgess Rawson is pleased to offer to the market KFC, 263 Bourbong Street (and Quay Street), Bundaberg West QLD for sale via our Investment Portfolio Auction 170.

This investment has the following key highlights:

+ Renewed ten (10) year lease to August 2034 plus options to 2044
+ Proven KFC restaurant with Collins Foods trading on-site since 1972
+ Collins Foods: ASX-listed fast-good giant with 280 KFC stores in Australia and market cap of $1.06 billion
+ Investor preferred net lease terms with tenant paying all usual outgoings as per the lease
+ Annual CPI rent reviews, ensuring growth
+ Trophy KFC restaurant with important dual lane drive-thru and major 2024 store refurbishment planned
+ Absolute gateway location, with direct exposure to all traffic heading from airport to CBD
+ Prime 1,440sqm* freehold landholding with dual access and 18 on-title spaces
+ Directly adjoining Ampol and nearby Officeworks, Red Rooster, Domino's, Caltex and Toyota
+ Bundaberg: booming regional city with population forecast to increase 45% to 148,000 by 2041**
+ Net Income: $221,441 pa* + GST (as at 5 August 2024)

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 8 August 2024
The Hilton, Brisbane QLD

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.
**Bundaberg - Advocacy Priorities 2024