5 Carter Road Menai NSW 2234

Shop & Retail
2,003 m²
Sold, $3,050,000

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).

AUCTION

Auction date and time	09/12/2014 14:00
Auction location	Mezzanine Level

Property Highlights

Date Sold	9 Dec 2014
Sold Price	$3,050,000
Floor Area	Ask Agent
Land Area	2,003 m²
Parking	Ask Agent
Property ID	2011567766
Category	Shop & Retail Showrooms / Bulky Goods
Last updated	10 Dec 2014

Map for 5 Carter Road Menai NSW 2234

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Property Highlights

Date Sold	9 Dec 2014
Sold Price	$3,050,000
Floor Area	Ask Agent
Land Area	2,003 m²
Parking	Ask Agent
Property ID	2011567766
Category	Shop & Retail Showrooms / Bulky Goods
Last updated	10 Dec 2014