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Burgess Rawson - Melbourne

51-57 Hospital Road Emerald, QLD 4720

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51-57 Hospital Road,
Emerald, QLD 4720

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Burgess Rawson - Melbourne
Raoul Holderhead

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
51-57 Hospital Road
Emerald, QLD 4720

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Top Performing KFC - Adjoins Woolworths Anchored Shopping Centre

  • New 15 Year Lease to 2033
  • Freestanding KFC - Top Performer
  • ASX200 Tenant Covenant
# New 15 year lease to 4 August, 2033
# Net passing income of $108,638 p.a.
# 100% leased to ASX200 company, Collins Foods Limited (ASX:CKF), which reported $901.2 million in revenue in the 2019 financial year and has a market capitalisation of approximately $1.17 billion
# Collins Food is operating a high performing KFC from the property which has recorded 13.7% turnover growth in the year to 23 June, 2019
# KFC Emerald is located in one of the most productive regions in the country, the Central Highlands Region, with Gross Regional Product of $140,322 per capita compared to Gross Domestic Product per capita of $79,107 across Australia
# High profile, freestanding restaurant on an expansive 1,263 sqm site with 20 car parks and fronting Hospital Road & Gregory Highway
# Directly next door to Woolworths-anchored ‘The Village @ Emerald’ shopping centre which generates significant foot traffic
# Tenant pays all outgoings excluding land tax

Auction 12 noon AEDT, Wednesday 30 October 2019
Crown Casino, Melbourne VIC

Property ID: 503345478Last Updated: 20 May 2021

Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Kelly & Co Property - Brisbane
Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000

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