+ Renewed Ten (10) year lease to October 2029 plus Two (2) further Ten (10) year options to 2049.
+ Collins Foods Ltd: $1.3 Billion ASX-listed fast food giant and Australia’s #1 KFC operator with 251 stores nationally.
+ Proven store with KFC operating on-site for 27 years.
+ Collins Foods recently announced record KFC half year sales growth of 12.4%.
+ Modern 145sqm freehold restaurant plus drive thru with $124k tenant funded upgrade in 2019.
+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ Annual rent reviews.
+ Prominent CBD site within 100 metres of Coles, K-Mart, Snowy Valleys Council offices, & Mobil.
+ Tumut: capital township of Snowy Valleys Council servicing 15,000+ trade catchment.
+ Rent: $115,543pa + GST (as at October 2021)
For Sale by Investment Portfolio Auction
Tuesday 11AM (AEST) Yallamundi Rooms, Sydney Opera House
Remember to mention you found this property on CommercialReady.com.au
KFC, 74 Capper Street, TUMUT, NSW, 2720