SOLD KFC Muswellbrook NSW
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This property listing is for a KFC restaurant with a drive-thru located in Muswellbrook, NSW. The property has a 15-year lease to KFC plus options to extend to 2040, with annual 4% rent increases. It is located on a prominent site on the New England Highway with ample parking. The tenant is responsible for all maintenance and outgoings. The current annual rent is $116,985 plus GST. The property will be auctioned on February 25th.
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SOLD KFC Muswellbrook NSW
- 1. All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agent. Muswellbrook NSW Lot 1, 139-145 Maitland Street (New England Highway) • 15 year lease plus options to 2040 • Latest design KFC Restaurant with Drive Thru • Attractive annual 4% rent increases • 2,024 sqm site with prominent New England Hwy frontage • Tenant owns and maintains all improvements • Adjoins busy BP Service Station • Ample on-site customer parking • Net lease with tenant paying outgoings, as per lease • Rent $116,985 pa + GST Auction 2pm Tues 25 Feb, 50 Margaret St Sydney Sam Newton 0418 351 103 snewton@burgessrawson.com.au Stephen Lovison 0450 024 104 slovison@burgessrawson.com.au Outstanding KFC Investment 15 Year Lease Plus Options Investment Portfolio Auction 86 02 9232 6288 burgessrawson.com.au Investment Portfolio Auction 86 02 9232 6288 burgessrawson.com.au Sold $2,000,000 5.84% Yield