KFC Alona North, 168-172 Millers Road,
Altona North, VIC 3025
Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
Map of KFC Alona North, 168-172 Millers Road
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
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
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Lease Link Property Consultants - BRIGHTONLeve1 1, 451 Nepean Hwy
BRIGHTON EAST, VIC 3187
BRIGHTON EAST, VIC 3187
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Ground, 21 Lobelia Drive,Altona North, VIC 3025 140 m²Shops & Retail • Hotel, Motel & Leisure • Warehouse, Factory & Industrial
Contact Agent
2 Langshaw Street,Altona North, VIC 3025 90 m²Shops & Retail • Showrooms & Large Format Retail
