KFC Wonthaggi, 44-48 Graham Street,
Wonthaggi, VIC 3995
Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
Price information
Sale - Auction Wed 15 May
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Auction
Private inspections
to arrange a private inspection.
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
KFC Wonthaggi, 44-48 Graham Street
Wonthaggi, VIC 3995
Map of KFC Wonthaggi, 44-48 Graham Street
Bus stops within 5 km of KFC Wonthaggi, 44-48 Graham Street, Wonthaggi, VIC 3995 Distance McLeod St/Graham St (Wonthaggi) 71 m Korumburra Rd/McKenzie St (Wonthaggi) 301 m Wonthaggi North Oval/Korumburra Rd (Wonthaggi) 322 m Baillieu St/McKenzie St (Wonthaggi) 388 m Information Centre/Watt St (Wonthaggi) 408 m POWERED BY HERE ©
POWERED BY HERE ©
Renewed 10 Year Ground Lease to 2034 | Proven KFC Store, On-Site 19+ Years
- 10 + 10 + 10 year lease to Dec 2054
- Net Income: $125,620pa* +GST
- Fixed 3% annual rent increases
Burgess Rawson is pleased to offer to the market KFC, 44-48 Graham Street (Bass Highway), Wonthaggi VIC for sale via our Investment Portfolio Auction 168.
This investment has the following key highlights:
+ Renewed 10 + 10 + 10 year ground lease from August 2024 through to December 2054.
+ Proven KFC restaurant with tenant on-site 19+ years.
+ Southern Restaurants: Australia’s largest private KFC franchise group with 6,000+ employees across 94 locations in VIC, NSW & ACT. (1)
+ Highly sought after ground lease structure – tenant responsible for all capital and structural repairs and maintenance.
+ Investor preferred net lease terms with tenant paying all usual outgoings including building insurance.
+ Fixed 3% annual rent increases assuring income growth.
+ Impressive KFC restaurant with major 2024 store refurbishment planned.
+ Strategic 2,330sqm* ‘corner island site’ with 193m* quadruple frontage and important 20 on-title car spaces.
+ Site includes 663sqm* of surplus land providing immediate development upside (STCA).
+ High profile Bass Highway corner landholding with exposure to 18,995+ vehicles passing daily. (2)
+ Potential 50% stamp duty saving.
+ Wonthaggi: capital township of Bass Coast shire, with a trade catchment of circa 20,000 (plus season holiday influx).
+ Net Income: $125,620pa* + GST (as at 5 August 2024).
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
*Approx
1. LinkedIn
2. GapMaps
This investment has the following key highlights:
+ Renewed 10 + 10 + 10 year ground lease from August 2024 through to December 2054.
+ Proven KFC restaurant with tenant on-site 19+ years.
+ Southern Restaurants: Australia’s largest private KFC franchise group with 6,000+ employees across 94 locations in VIC, NSW & ACT. (1)
+ Highly sought after ground lease structure – tenant responsible for all capital and structural repairs and maintenance.
+ Investor preferred net lease terms with tenant paying all usual outgoings including building insurance.
+ Fixed 3% annual rent increases assuring income growth.
+ Impressive KFC restaurant with major 2024 store refurbishment planned.
+ Strategic 2,330sqm* ‘corner island site’ with 193m* quadruple frontage and important 20 on-title car spaces.
+ Site includes 663sqm* of surplus land providing immediate development upside (STCA).
+ High profile Bass Highway corner landholding with exposure to 18,995+ vehicles passing daily. (2)
+ Potential 50% stamp duty saving.
+ Wonthaggi: capital township of Bass Coast shire, with a trade catchment of circa 20,000 (plus season holiday influx).
+ Net Income: $125,620pa* + GST (as at 5 August 2024).
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
*Approx
1. LinkedIn
2. GapMaps
Property ID: 504568428Last Updated: 29 Apr 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
1 William Street & 6-8 A'Beckett Street,Inverloch, VIC 3996 1 m²Development Sites & Land • Shops & Retail