5 Carter Road,
Menai, NSW 2234
Shops & Retail • Showrooms & Large Format Retail
Price information
Sold
$3,050,000
Key property information
Land area
Floor area
Tenure type
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Map of 5 Carter Road
KFC. 10 Year Lease. Irreplaceable High Profile Site.
10 year lease commenced 10 December 2012.
Modern freestanding KFC including drive-thru and 24 car spaces.
Large elevated site of 2,003 sqm.
Annual 3% rent increases with mid term market review.
Tenant pays outgoings, including property management, as per lease
Gateway to Menai Central shopping centre.
Surrounded by nationals including Dan Murphy's, IGA, Dominos, McDonald's, 7 Eleven and Woolworths Caltex.
Easily managed single tenant investment.
Net Income: $161,270 pa + GST (10 December 2014).
Modern freestanding KFC including drive-thru and 24 car spaces.
Large elevated site of 2,003 sqm.
Annual 3% rent increases with mid term market review.
Tenant pays outgoings, including property management, as per lease
Gateway to Menai Central shopping centre.
Surrounded by nationals including Dan Murphy's, IGA, Dominos, McDonald's, 7 Eleven and Woolworths Caltex.
Easily managed single tenant investment.
Net Income: $161,270 pa + GST (10 December 2014).
Property ID: 501365319Last Updated: 8 Feb 2015
04112262...
5 Carter Road
Menai, NSW 2234
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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