Stonebridge National Investment Sales is pleased to present to the market KFC & Metro Petroleum Bowen (Whitsundays) for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- KFC – Brand new 10 year lease to 2032 + options to 2052 with fixed 3% increases
- ASX Listed Collins Foods Ltd – Australia’s largest KFC and Taco Bell operator across 281+ outlets, with revenues exceeding $1 Billion*
- Metro – Brand new 10 year head company net lease to 2032 + options to 2052 with fixed 3% increases
- Metro – One of Australia’s largest independently owned fuel and convenience retailers with 200+ stores nationally, servicing 40,000+ customers daily
- Commanding 3,048 sqm* corner site improved by fast food drive-thru and prominent fuel and convenience retail offering – serviced by 11 dedicated at-grade parking bays
- Strategic position on key arterial boasting 110 metres of dual street frontage and access, plus important link to the Bruce Highway M1
- Brand new improvements completed in 2022 providing optimal depreciation benefits
- Secure KFC lead development, featuring the latest corporate branding and market leading customer retail experience
- Centrally located within strong residential catchment and nearby blue chip national retailers including Woolworths, IGA, Mitre 10, Subway, Bridgestone, Supercheap Auto, Reece & Goodstart Childcare
- Whitsundays – Australia’s premier tourist mecca and gateway to Great Barrier Reef, hosting 500,000+* annual visitors, $1.05 Billion* mining and $630 Million* agricultural industries underpinning the economy
- Promising further growth prospects in Bowen region, with nearby preliminary approval granted for $1.1 Billion* ‘Whitsunday Paradise’ development – including new high density commercial, residential and retail uses set to boost local population by over 50% in 20 years
- Tenants pay all usual outgoings as per leases
- Estimated Net Income $408,221 pa* + GST
KFC & Metro Petroleum Bowen (Whitsundays) is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.