Watch Watch
Back
×
Sold Check
+13 Photos
KFC, 74 Capper Street, TUMUT, NSW, 2720

2. Property Highlights

Renewed 10-year lease to Collins Foods (ASX: CKF), Australia's #1 KFC operator with 251 stores nationally
  • 10yrs to 2029 plus options to 2049
  • Proven store, KFC on-site 27 years
  • Collins Foods HY21 results up 12.4%

+ 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

Read More

3. Property Location

KFC, 74 Capper Street, TUMUT, NSW, 2720

Property Map
Show properties in the area

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into CommercialReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
KFC, 74 Capper Street, TUMUT, NSW, 2720 Tumut
Burgess Rawson - Sydney
Burgess Rawson - Sydney
Level 11, 9 Castlereagh Street, Sydney NSW 2000, Australia
calculator-icon Yield Calculator
calcultor-icon Yield Calculator