KFC Waurn Ponds (Geelong), 1 Enterprise Way Grovedale VIC 3216

Stonebridge Property Group is pleased to present KFC Waurn Ponds (Geelong) for sale via National Portfolio Auction on Wednesday 21 May 2025 at 10am (AEST).

The key highlights of the opportunity include:

- Brand new 10 year ground lease to 2034 plus options to 2064 with fixed 3% annual increases

- Blue chip KFC leased to Hosking Group a leading Australian-owned fast food operator with 35+ years of trading history

- Sought after and rarely offered 'ground lease' structure - tenant retains ownership of improvements and responsibility for all outgoings including all structural repairs, maintenance and replacement plus land tax

- High profile 1,485 sqm* site with the latest KFC corporate layout fronting Princes Highway and nearby the Geelong Ring Road, utilised by a combined 60,000 vehicles daily

- Part of the brand new Waurn Ponds Village precinct, a premier development comprising a Guzman y Gomez restaurant, 7-Eleven Service Station, Starbucks restaurant, Viva Leisure leased leisure centre and childcare centre

- Prime location surrounded by the Waurn Ponds Shopping Centre, Waurn Ponds Plaza, Geelong Homemaker Centre, Bunnings Warehouse & Deakin University

- City of Greater Geelong the second largest Victorian city and fastest growing Victorian regional city with forecasted 47.46% growth by 2046^

- Net income $115,000 pa* + GST

To obtain further information, or arrange an inspection please contact the exclusive selling agent, Stonebridge Property Group.

*Approximately
^Location ID

Property Code: 1262