98-106 Westall Road Springvale VIC 3171

Burgess Rawson is pleased to offer to the market the Brand New KFC located at 98-106 Westall Road, Springvale VIC for sale via our Investment Portfolio Auction 173.

This opportunity has the following key investment highlights:
+ Brand new 10 year lease to 2034 plus three (3) further ten (10) years 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)
+ Investor preferred net lease terms with Southern Restaurant paying all usual outgoings including building insurance as per the lease.
+ New Nov 2024 construction, offering maximum depreciation benefits.
+ Favourable annual CPI reviews.
+ Immaculate state-of-the-art dual lane drive thru facilities.
+ High Profile. strategic corner location with 48 metres frontage to busy 6 lane Westall Road with 58,000 vehicles passing daily. (3)
+ Springvale: highly sought-after and established commercial/residential location 20km south-east of Melbourne's CBD, forecast to grow by 125.49% by 2046.(4)
+ City of Greater Dandenong: Growing population of 164,484, to increase by 15.4% to 189,891 by 2036 (5) with an annual economic output of $58.2B.(6)
+ Estimated Net Income: $200,000pa* + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 11 December 2024
River Room, Crown Casino, Melbourne

For Further Information Please Contact The Exclusive Agents:

Matthew Wright- 0458 290 588
Zomart He- 0488 220 830
Beau Coulter- 0413 839 898
Justin Kramersh- 0460 349 605

*Approx
1 KFC
2 Southern Restaurants
3 GapMaps
4 Forecast.id
5 REMPLAN
6 Victoria in Future 2023