KFC & Dentist, 5 Muir Street, Medowie, NSW, 2318

Ray White Retail are proud to present 5 Muir Street, Medowie (Newcastle). For sale by Expressions of Interest closing Tuesday 29th September at 2pm (AEST)

|What|

• Trophy investment with a KFC drive-through and freestanding Smile On Dentist (40+ clinic nationwide)

• True set & forget investment with all usual outgoings recovered, including land tax

• Secure 8.20 Year WALE underpinned by two national brands

• Dual-lane KFC drive-through designed to handle significant traffic volume

• Net Income of $300,691 + GST p.a.

|Where|

• Prime 2,593sqm* landholding in a growing Newcastle catchment

• Positioned within a bustling retail precinct, including a co-located McDonald's, a Woolworths, Coles and other national brands

• 38 on-site car parks offering exceptional convenience

• One of the fastest growing areas in the Hunter Region, with population growth tipped to reach nearly 50% by 2040

• Just 1km* from a brand new state high school (opening 2027) which will bring significant customer traffic to the area

|Why|

• Ultra-passive investment with 100% of income underpinned by two national brands

• High-quality purpose builds by an award-winning retail developer

• Completed in 2023 providing ongoing depreciation benefits

• Potential to subdivide in the future and sell down as freestanding assets

• The first asset in this new retail precinct to be publicly offered for sale

*Approximately

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