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812-818 Yaamba Road
Parkhurst QLD 4702
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Sold on 9 Mar 2023

812-818 Yaamba Road Parkhurst QLD 4702

  • Shop & Retail
  • 273 m²
  • Sold

Brand New KFC Adjacent Woolworths 10 Year Lease to ASX Listed Tenant

  • Rare Freestanding ‘Pad Site’
  • New Improvements & Strong Depreciation
  • ASX Collins Foods Ltd - 281+ Outlets

Stonebridge National Investment Sales is pleased to present to the market KFC Parkhurst (Rockhampton) for sale via National Portfolio Auction to be held on 9 March at 11AM (AEDT).

The asset has the following key investment features:

- Brand new 10 year lease to 2032 + options to 2052 with fixed 3% increases

- ASX Listed Collins Foods Ltd - Australia's largest KFC & Taco Bell operator across 281 outlets, with revenues exceeding $1 Billion*

- Rare KFC 'pad-site' adjoining Woolworths-anchored Parkhurst Town Centre featuring 20+ specialty tenants including BWS & Priceline, servicing a rapidly expanding residential catchment

- Blue-chip freestanding fast food offering with new improvements (constructed November 2022), dual lane drive-thru and 25 car parks, providing significant depreciation benefits

- Highly exposed 1,627 sqm* site boasting direct access to the Bruce Highway (22,900+ vehicles daily); Key route of the Australian National Highway network linking Brisbane to Cairns and 1 km* north of the $1 Billion Rockhampton Ring Road infrastructure project

- Rockhampton Booming and dynamic Queensland city widely known for agricultural excellence as the 'Beef Capital of Australia' with a regional population forecast to exceed 95,000+* by 2036

- Tenant pays outgoings including insurance and air-conditioning repairs & maintenance

*Approximately

KFC Parkhurst (Rockhampton) is for sale via National Portfolio Auction to be held on Thursday, 9 March at 11AM (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for more information.

Property Code: 588

AUCTION

Auction date and time09/03/2023 11:00
Auction locationSee description

Property Highlights

Date Sold9 Mar 2023
Floor Area273 m²
Land Area1,627 m²
ParkingAsk Agent
Property ID2018337629
Category
Last updated  9 Mar 2023
Map for 812-818 Yaamba Road Parkhurst QLD 4702

Property Highlights

Date Sold9 Mar 2023
Floor Area273 m²
Land Area1,627 m²
ParkingAsk Agent
Property ID2018337629
Category
Last updated  9 Mar 2023
Level 29, 10 Eagle St Brisbane City QLD 4000

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