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Cushman & Wakefield - Sydney

498 New Canterbury Road Dulwich Hill, NSW 2203

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498 New Canterbury Road,
Dulwich Hill, NSW 2203

Shop & Retail • Showrooms & Bulky Goods • Other

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Sale - Auction Thu 19 Mar

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Key property information

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Tenure type

Auction

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Cushman & Wakefield - Sydney
498 New Canterbury Road
Dulwich Hill, NSW 2203
Cushman & Wakefield - Sydney
Yosh Mendis

Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street
SYDNEY, NSW 2000

Map of 498 New Canterbury Road

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Trophy Metro Sydney KFC Ground Lease Investment

  • Renewed 10 year ground lease to 2029
  • Inner western Sydney location
  • Net income $135,000 pa + GST
Cushman & Wakefield are pleased to present to the market Dulwich Hill KFC situated at 498-500 New Canterbury Road to be sold via Public Auction.

The property has the following key characteristics:
• Renewed 10 year ground lease to 2029 + options to 2039
• KFC - Iconic fast food brand serving 2 million customers weekly across 640 outlets nationally
• KFC in occupation 40+ years
• Prominent location with high profile corner site on New Canterbury Road
• Modern purpose built new format store with drive through facility
• Prime location – Dulwich Hill Inner Western Sydney suburb located 7 km from Sydney CBD
• Highly sought after ground lease - tenant owns and maintains improvements
• Tenant pays 100% of outgoings (including Land Tax & Repairs and Maintenance)
• Lease secured by 4 Month Bank Guarantee
• Easily managed single tenant passive investment
• Net Income $135,000 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 19 March at 2pm AEDT at the Cushman & Wakefield Sydney Office, located on Level 22, 1 O’Connell Street, Sydney NSW 2000.

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive agents.

Additional information

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Property ID: 503471318Last Updated: 19 Feb 2020

Agency contacts

Cushman & Wakefield - Sydney
Cushman & Wakefield - Sydney
Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
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Cushman & Wakefield - Brisbane
Cushman & Wakefield - Brisbane
Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
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Yosh Mendis

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Yosh Mendis
Cushman & Wakefield - Sydney
498 New Canterbury Road Dulwich Hill, NSW 2203

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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