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436 Pacific Highway
Artarmon NSW 2064
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Sold on 6 Dec 2016

436 Pacific Highway Artarmon NSW 2064

  • Shop & Retail
  • Sold, $8,760,000

Irreplaceable North Shore Flagship Store Leased to 2034. KFC Occupied the Site Since 1968.

Trophy global brand investment on Sydney's Lower North Shore.
Long-term 20 + 10 year lease from 1 July 2014.
KFC have occupied this site for the past 48 years (66 years in 2034).
One of Australia's top turnover stores within the KFC group.
Captive Pacific Highway exposure to 60,000 vehicles daily.
Strong trader with limited fast food competition in vicinity or on highway.
Strategic position adjacent to intersection of Pacific & Gore Hill Freeways.
Just 7 km (10 mins.) drive from North Sydney & 2.5 km south of Chatswood.
Annual rental increases with tenant paying usual outgoings, as per lease.
Valuable landholding with future development opportunity (STCA).
Estimated Net Income: $346,521 pa + GST (as at 1/1/2017).

AUCTION

Auction date and time06/12/2016 10:00
Auction locationDoltone House Hyde Park
Burgess Rawson Sydney
Burgess Rawson Sydney
Level 11.02, 9 Castlereagh Street
Sydney, NSW 2000

Property Highlights

Date Sold6 Dec 2016
Sold Price$8,760,000
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2013193659
Category
Last updated  7 Dec 2016
Map for 436 Pacific Highway Artarmon NSW 2064

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Burgess Rawson Sydney
Burgess Rawson Sydney
Level 11.02, 9 Castlereagh Street
Sydney, NSW 2000

Property Highlights

Date Sold6 Dec 2016
Sold Price$8,760,000
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2013193659
Category
Last updated  7 Dec 2016

Listed by

Simon Staddon
Simon Staddon
Burgess Rawson Sydney
Call
0413 640 851

More about 436 Pacific Highway Artarmon NSW 2064

436 Pacific Highway Artarmon NSW 2064 is categorized as Shop & Retail Property. The listing ID for this property is 2013193659.

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