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SOLD

KFC Bairnsdale, 301-303 Main Street, Bairnsdale, VIC 3875

Properties / Sold / Victoria / Bairnsdale

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Contact Agent

Land Area

1,411 m² (*approx)

Floor Area

196 m² (*approx)

Property Type

Retail, Other

Sub-type

Large Format, Cafe/Restaurant, Mixed Use

Terms

Secure 7-Year Lease expiring November 2028 with options to 2058

Est. Income

$161,000 p/a

Fully Leased

KFC

Car Spaces

Show All

2. Property Highlights

PROUDLY SOLD BY JLL RETAIL INVESTMENTS

Ultra-rare freehold KFC Investment
7-Year lease term expiring Nov 2028
Potential 50% stamp duty concession

JLL Retail Investments is privileged to present the rare opportunity to purchase KFC Bairnsdale, a freehold investment leased to one of Australia’s leading fast-food brands.

KFC Bairnsdale is located on a premium CBD landholding on Main Street within Bairnsdale, a thriving city within East Gippsland.

Investment Highlights
· Secure 7-Year Lease expiring November 2028 with options to 2058
· Attractive net lease structure with fixed annual rental increases
· Significant 1,411sqm corner landholding with massive 38m* frontage to Main Street/Princes Highway
· Longstanding KFC business servicing the wider East Gippsland Region
· Consists of a 295sqm* restaurant with internal and external dining areas and drive-thru
· Convenient on-site parking for 14 vehicles
· Current Passing Income of $161,000*p.a. + GST

KFC Bairnsdale is For Sale by Expressions of Interest closing 4.00pm (AEST) Thursday 1st of June 2023.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Jarrod Herscu | 0418 155 062
Tom Noonan | 0402 319 698
MingXuan Li | 0498 688 998