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DESCRIPTION:Recently Refurbished KFC | Prime 2\,373sqm* CBD Highway Site |
  35+ Years On Site\nCBRE is pleased to present KFC Kempsey located at 90 
 Smith Street (Macleay Valley Way)\, Kempsey NSW\, to the market via Inves
 tment Portfolio Auction 185.\n\nThe property has the following key highli
 ghts:\n\n+ Longstanding 10 year lease to 2029 plus two (2) further five (
 5) year options to 2039\n+ KFC: one of the world's most iconic fast food 
 brands\, servicing over 2 million customers weekly. Operated by Restauran
 t Brands\, a leading QSR operator with 521 stores globally.\n+ Compoundin
 g fixed 3% annual rent increases ensuring strong long term rental growth\
 n+ Landlord friendly lease - tenant pays all outgoings including council 
 rates\, water rates\, excluding land tax and insurances.\n+ Brand new ful
 l 2026 refurbishment offering significant tax depreciation benefits\n+ Hi
 gh profile 2\,373sqm* CBD site with 48+ metres of rare highway frontage &
  highly valuable dual street access further improved by integral drive-th
 ru facility\n+ High performing KFC with strong trading figures since open
 ing\n+ Current below market rent offering potential future rental upside\
 n+ Offered to market for the first time in 22 years\, representing a rare
  and tightly held generational investment opportunity\n+ Underpinned by a
  longstanding KFC operator with 35+ years on site\n+ Strategic CBD locati
 on amongst an array of national & global brands including Woolworths\, Bi
 g W\, McDonald's\, Hungry Jack's\, EG Ampol and Coles anchored Kempsey Ce
 ntral Shopping Centre\n+ Kempsey: Thriving regional centre with a growing
  economy driven by tourism\, farming and service industries\n+ Net Income
 : $235\,032 pa* + GST\n\nTo be sold via Investment Portfolio Auction\n10:
 30am (AEST) Tuesday 23 June 2026\nYallamundi Rooms\, Sydney Opera House\n
 \nPlease contact the exclusively appointed sales team for more informatio
 n.\n\n*Approx
DTEND:20260623T113000
DTSTAMP:20260526T101334Z
DTSTART:20260623T103000
LOCATION:Yallamundi Rooms\, Sydney Opera House
SEQUENCE:0
SUMMARY:Auction: 90 Smith Street\, Kempsey NSW
UID:CRE-2020870909-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>Recently Refurbished KFC | Prime 2\
 ,373sqm* CBD Highway Site | 35+ Years On Site <br/> CBRE is pleased to pr
 esent KFC Kempsey located at 90 Smith Street (Macleay Valley Way)\, Kemps
 ey NSW\, to the market via Investment Portfolio Auction 185. <br/>  <br/>
  The property has the following key highlights: <br/>  <br/> + Longstandi
 ng 10 year lease to 2029 plus two (2) further five (5) year options to 20
 39 <br/> + KFC: one of the world's most iconic fast food brands\, servici
 ng over 2 million customers weekly. Operated by Restaurant Brands\, a lea
 ding QSR operator with 521 stores globally. <br/> + Compounding fixed 3% 
 annual rent increases ensuring strong long term rental growth <br/> + Lan
 dlord friendly lease - tenant pays all outgoings including council rates\
 , water rates\, excluding land tax and insurances. <br/> + Brand new full
  2026 refurbishment offering significant tax depreciation benefits <br/> 
 + High profile 2\,373sqm* CBD site with 48+ metres of rare highway fronta
 ge & highly valuable dual street access further improved by integral driv
 e-thru facility <br/> + High performing KFC with strong trading figures s
 ince opening <br/> + Current below market rent offering potential future 
 rental upside <br/> + Offered to market for the first time in 22 years\, 
 representing a rare and tightly held generational investment opportunity 
 <br/> + Underpinned by a longstanding KFC operator with 35+ years on site
  <br/> + Strategic CBD location amongst an array of national & global bra
 nds including Woolworths\, Big W\, McDonald's\, Hungry Jack's\, EG Ampol 
 and Coles anchored Kempsey Central Shopping Centre <br/> + Kempsey: Thriv
 ing regional centre with a growing economy driven by tourism\, farming an
 d service industries <br/> + Net Income: $235\,032 pa* + GST <br/>  <br/>
  To be sold via Investment Portfolio Auction <br/> 10:30am (AEST) Tuesday
  23 June 2026 <br/> Yallamundi Rooms\, Sydney Opera House <br/>  <br/> Pl
 ease contact the exclusively appointed sales team for more information. <
 br/>  <br/> *Approx</P></body></html>
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