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KFC Alona North, 168-172 Millers Road Altona North, VIC 3025

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KFC Alona North, 168-172 Millers Road,
Altona North, VIC 3025

Shop & Retail • Showrooms & Bulky Goods • Warehouse, Factory & Industrial

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Map of KFC Alona North, 168-172 Millers Road

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Trophy Fast Food Investment - Leased to 2026

  • Renewed 10 Year Lease + Options to 2056
  • Annual Fixed 3% Rent Increases
  • Scheduled for $200k Building Upgrade
Renewed 10 year lease to 2026 plus 3x10 year options to 2056.
Annual fixed 3% increases – Lessee pays all usual outgoings.
348 sqm building scheduled for circa $200,000 refurbishment and upgrade to KFC's current corporate layout and design including drive-thru.
Strategic 3,623 sqm site next to McDonald's, Chemist Warehouse, Autobarn and opposite a new Hungry Jacks.
Busy metropolitan location with 22,000 cars passing daily.
Lessee (Retzos Group): Leading franchisee with 40+ stores and growing plus Winner of 'KFC Franchisee of the Year' 2012/13.
Altona North: Strategic capital growth inner city suburb minutes to the Westgate Fwy and 10kms from Melbourne CBD.
Rent: $186,005 pa.

Auction 11am Wednesday 3 August
River Room, Crown Casino, Melbourne

Property ID: 502024594Last Updated: 4 Oct 2016

KFC Alona North, 168-172 Millers Road
Altona North, VIC 3025

Agency contacts

Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
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Lease Link Property Consultants - BRIGHTON
Lease Link Property Consultants - BRIGHTON
Leve1 1, 451 Nepean Hwy
BRIGHTON EAST, VIC 3187
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Jamie Perlinger
Burgess Rawson - Melbourne
KFC Alona North, 168-172 Millers Road Altona North, VIC 3025

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

Kind Regards,

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