978 Ballarat Road Deer Park VIC 3023

Renewed 11 year lease to 2027 plus 3x10 year options to 2057.
Annual fixed 3% increases â?? Lessee pays all usual outgoings.
323 sqm building scheduled for circa $200,000 refurbishment and upgrade to KFC's current corporate layout and design including dual lane drive-thru.
Strategic 3,451 sqm site next to McDonald's with 42m frontage to Western Highway.
Busy metropolitan arterial with 44,000 cars passing daily.
Lessee (Retzos Group): Leading franchisee with 40+ stores and growing plus Winner of 'KFC Franchisee of the Year' 2012/13.
Strategic metro location within Melbourne's booming western growth corridor, 17 kms from CBD.
Rent: $199,147 pa.

Auction 11am Wednesday 18th May
River Room, Crown Casino, Melbourne