Added 7 days ago
200 Princes Highway,
Corio, VIC 3214
Shops & Retail • Showrooms & Large Format Retail • Hotel, Motel & Leisure
Added 7 days ago
Key property information
Land area
Property extent
Tenure type
Auction
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to arrange a private inspection.
Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
200 Princes Highway
Corio, VIC 3214
Map of 200 Princes Highway
Train stations within 5 km of 200 Princes Highway, Corio, VIC 3214 Distance North Shore Station 1.9 km Corio Station 1.9 km North Geelong Station 4.6 km POWERED BY HERE ©Bus stops within 5 km of 200 Princes Highway, Corio, VIC 3214 Distance Idaho StBacchus Marsh Rd Corio 303 m Vermont AveBacchus Marsh Rd 323 m Harpur RdBacchus Marsh Rd 371 m Norlane Bowling ClubSt Georges Rd 381 m St Georges RdPrinces Hwy 439 m POWERED BY HERE ©
POWERED BY HERE ©
KFC with Prime Highway Frontage
- 10 year lease with 2 x 5 year options
- Immediate Rental uplift 25 March
- Major refurbishment recently undertaken
Savills is excited to exclusively present for sale this prime KFC investment opportunity occupied by one of the world’s most notable and fastest growing retail brands with direct frontage to Princes Highway carrying 48,000*^ vehicles past the site daily.
The property comprises a single level purpose-built KFC Restaurant providing both Eat-In, El-Fresco dining along with a Drive Thru facilities and 10 delineated car parking spaces on Title. The KFC also benefits from ample public parking at Stead Park.
Key attributes of the property include:
• Single tenanted investment leased to KFC (800+ stores nationally)
• Major recent refurbishment with extensive capital outlay undertaken by Franchisee
• Immediate Rental uplift with annual CPI scheduled for late March, 2026
• Prime Princes Highway frontage of over 23m with 48,000*^ cars passing daily
• Ease of Access from both Princes Highway and St Georges Road
• Prime landholding of 1,557* square metres
• Dine-in, El-Fresco and Drive-thru facilities
• Forms part of Stead Park which is a major recreational and sporting venue currently going through a major redevelopment to incorporate a state level Hockey Centre
• Tenanted by the largest privately owned Geelong franchisee with 20* stores in their network
*Approximate ^ Source – Vic Roads Data May, 2023
For Sale by Public Auction Thursday 12 March at 11am on-site
For further information please contact:
Stephen Bolton – 0419323 9...
James Latos - 0422 604 9...
The property comprises a single level purpose-built KFC Restaurant providing both Eat-In, El-Fresco dining along with a Drive Thru facilities and 10 delineated car parking spaces on Title. The KFC also benefits from ample public parking at Stead Park.
Key attributes of the property include:
• Single tenanted investment leased to KFC (800+ stores nationally)
• Major recent refurbishment with extensive capital outlay undertaken by Franchisee
• Immediate Rental uplift with annual CPI scheduled for late March, 2026
• Prime Princes Highway frontage of over 23m with 48,000*^ cars passing daily
• Ease of Access from both Princes Highway and St Georges Road
• Prime landholding of 1,557* square metres
• Dine-in, El-Fresco and Drive-thru facilities
• Forms part of Stead Park which is a major recreational and sporting venue currently going through a major redevelopment to incorporate a state level Hockey Centre
• Tenanted by the largest privately owned Geelong franchisee with 20* stores in their network
*Approximate ^ Source – Vic Roads Data May, 2023
For Sale by Public Auction Thursday 12 March at 11am on-site
For further information please contact:
Stephen Bolton – 0419323 9...
James Latos - 0422 604 9...
Corio, 3214 demographic data
The median household income for Corio is $1,152, 17% lower than Regional Victoria's household income of $1,386. Corio has a younger age profile compared to the rest of Regional Victoria (median age 35 vs 43). Property ownership data shows 48% of property owners in Corio have a mortgage.
15,497
Population
$1,152 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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