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Aston Commercial are thrilled to offer 426 Warrigal Road (Corner High Street Road), Ashburton for sale by International Expressions of Interest closing Friday 8th December at 2:00pm.
This exceptional freestanding KFC investment is in a prime location surrounded by premium suburbs including East Malvern, Glen Iris, Chadstone, Ashwood, Mount Waverley & Burwood.
• Single-tenanted ground lease investment leased to KFC (700 stores nationally)
• Rental income of $214,656 pa* plus GST
• Long term secure tenant that's been in occupation since 2008
• Renewed 5 + 5 year lease going through to 2033
• Prominent corner landholding of 2,440 sqm* with on-site car parking for 29 vehicles
• Annual fixed compounding increases providing attractive rental growth
The property is prominently positioned on the corner of Warrigal Road (20,000 cars passing daily) and High Street Road (11,000 cars passing daily) close to the Monash M1 Freeway, Chadstone Homemaker Centre, Holmesglen Tafe, Holmesglen Train Station and Chadstone Shopping Centre.
Opportunities such as this are truly unique and rarely offered to the open market.
Contact one of the team at Aston Commercial for a detailed IM and further information.
*approx
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