20 Ashburn Road,
Bundamba, QLD 4304
Shops & Retail • Medical & Consulting • Offices
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CBRE - QLD
Level 3, 1 Eagle StreetBRISBANE CITY, QLD 4000
20 Ashburn Road
Bundamba, QLD 4304
Map of 20 Ashburn Road
Dominant Freehold KFC Opposite Costco | Leased to Collins Foods through to 2051
- 10yr lease to 2031 plus opts to 2051
- Outstanding depreciation benefits
- Commanding 2,073sqm* freehold site
Burgess Rawson is pleased to offer to market the KFC located at 20 Ashburn Road, Bundamba QLD, for sale via our Investment Auction Portfolio 159.
The property has the following investment highlights:
+ Ten (10) year lease to Collins Foods to 2031 plus four (4) further five (5) year options to 2051
+ Collins Foods (ASX: CKF): fast food giant operating 277 KFC and Taco Bell restaurants nationally, with a market cap of $1 billion
+ Annual fixed compounding 3% rental increases, ensuring income growth
+ High exposure 2,073sqm* corner site with 86m* of combined frontage to Ashburn Road and Hawkins Crescent located directly off the Warrego Highway servicing 60,000 vehicles daily
+ Dual lane drive-thru, modern configuration with on-site parking for 21 cars
+ Strategically positioned in the Walker Corporation's Citiswich Business Park - a 350 hectare* master-planned industrial estate opposite Costco’s 13,750sqm* warehouse employing over 280 staff and servicing thousands of customers daily
+ Highly desirable freestanding fast food investment, constructed in December 2021, offering outstanding tax depreciation benefits
+ Surrounded by major complimentary tenants including Costco, Puma, Reject Shop Distribution Centre and more
+ Ipswich: the seventh fastest growing metropolitan location in Australia with forecast population growth of 120% to 520,000+ by 2041
+ Estimated Net Income: $191,893 pa + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 30 March 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
The property has the following investment highlights:
+ Ten (10) year lease to Collins Foods to 2031 plus four (4) further five (5) year options to 2051
+ Collins Foods (ASX: CKF): fast food giant operating 277 KFC and Taco Bell restaurants nationally, with a market cap of $1 billion
+ Annual fixed compounding 3% rental increases, ensuring income growth
+ High exposure 2,073sqm* corner site with 86m* of combined frontage to Ashburn Road and Hawkins Crescent located directly off the Warrego Highway servicing 60,000 vehicles daily
+ Dual lane drive-thru, modern configuration with on-site parking for 21 cars
+ Strategically positioned in the Walker Corporation's Citiswich Business Park - a 350 hectare* master-planned industrial estate opposite Costco’s 13,750sqm* warehouse employing over 280 staff and servicing thousands of customers daily
+ Highly desirable freestanding fast food investment, constructed in December 2021, offering outstanding tax depreciation benefits
+ Surrounded by major complimentary tenants including Costco, Puma, Reject Shop Distribution Centre and more
+ Ipswich: the seventh fastest growing metropolitan location in Australia with forecast population growth of 120% to 520,000+ by 2041
+ Estimated Net Income: $191,893 pa + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 30 March 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Bundamba, 4304 demographic data
The median household income for Bundamba is $1,383, 25% lower than Greater Brisbane's household income of $1,849. Bundamba has a younger age profile compared to the rest of Greater Brisbane (median age 35 vs 36). Property ownership data shows 57% of property owners in Bundamba have a mortgage.
6,542
Population
$1,383 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households
CBRE - QLDLevel 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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