498 New Canterbury Road,
Dulwich Hill, NSW 2203
Shops & Retail • Showrooms & Large Format Retail • Other
Key property information
Land area
Property extent
Tenure type
Sold on
Cushman & Wakefield - Sydney
Level 22, 1 O'Connell StreetSYDNEY, NSW 2000
02 8243 99...
498 New Canterbury Road
Dulwich Hill, NSW 2203
Map of 498 New Canterbury Road
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 Cooley Auctions, located on Level 1, 29-33 Bay Street, Double Bay NSW 2028.
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.
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 Cooley Auctions, located on Level 1, 29-33 Bay Street, Double Bay NSW 2028.
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
External websites
Dulwich Hill, 2203 demographic data
The median household income for Dulwich Hill is $2,095, 1% higher than Greater Sydney's household income of $2,077. Dulwich Hill has an older age profile compared to the rest of Greater Sydney (median age 38 vs 37). Property ownership data shows 51% of property owners in Dulwich Hill have a mortgage.
14,046
Population
$2,095 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
Cushman & Wakefield - SydneyLevel 22, 1 O'Connell Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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