KFC, 31 Darcy Drive Fairfield QLD 4103

Stonebridge National Investment Sales is pleased to present KFC Fairfield (Townsville) for sale via Immediate Offers to Purchase.

The asset boasts the following key investment features:

- Brand new 10 year lease to 2033 + options to 2053, with fixed 3% annual rent increases

- ASX Listed Collins Foods Ltd - Australia's largest KFC & Taco Bell operator across 281 outlets with revenues exceeding $1 Billion*

- Prime 1,300 sqm* site within vibrant retail hub 'Fairfield & Co.' alongside major national tenants including Bunnings, Petbarn, Beacon Lighting, Pillow Talk, and World Gym

- Brand new KFC with dual lane drive-thru, due for completion Q3 2023, featuring dedicated delivery bays and access to 160 car parking bays, providing significant tax depreciation benefits

- Commanding position exposed to multi-lane roundabout, opposite leading shopping centre 'Fairfield Central', anchored by Woolworths, Coles and Kmart, trade area population forecast to reach 139,640+* by 2041

- Central location in thriving retail precinct just 7 km* from CBD, boasting unrivalled access via three State controlled roads including the Bruce Highway, carrying a combined 41,144+* vehicles daily

- Final southbound fast food opportunity for 82 km* and the last major retail destination for over 200 km*

- Nearby major employment nodes, only 1.5km* to Lavarack Barracks (15,000+ personnel*) and 6km* to Townsville University Hospital (6,000+ staff*) & James Cook University (13,000+ students*)

- Townsville - North Queensland's capital city, boasting a dynamic $33 billion* economy with local population forecast to grow 23.4% to 324,000+* by 2041

- Secure lease Tenant pays usual outgoings including Rates, Insurance and Management Fees (capped at $11,000)

- Net Income $190,000 pa* + GST

KFC Fairfield (Townsville) is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 682