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DESCRIPTION:Rare Entry Level KFC Freehold Investment in Booming Coastal To
 urist Mecca\nCBRE and King & Heath First National Real Estate are pleased
  to offer to market the freehold KFC located at 303 Esplanade\, Lakes Ent
 rance VIC for sale via Investment Portfolio Auction 185.\n\nThe property 
 has the following key investment highlights:\n\n+ Five (5) year lease to 
 5 December 2026 plus option to 2031. \n+ Proven location\, KFC trading on
 -site 18+ years. \n+ Strong performing store\, with year on year growth o
 ver the past 5 years. \n+ Southern Restaurants: AUS largest privately own
 ed KFC franchisee operating 110 stores across VIC\, NSW and ACT. \n+ Tena
 nt pays all usual outgoings as per the lease. \n+ Prime 344sqm* KFC resta
 urant updated to latest corporate standard. \n+ 519sqm* Commercial 1 free
 hold zone site with dual frontage and important on-title car parking. \n+
  High exposure waterfront position on main retail strip amongst Woolworth
 s\, K hub\, NAB & Australia Post. \n+ Lakes Entrance: year round tourist 
 mecca with permanent population of 8\,600 swelling to 25\,000-30\,000 ove
 r the summer period. \n+ Potential 50% stamp duty savings. \n+ Net Income
 : $125\,112pa* + GST\n\nTo be sold via Investment Portfolio Auction\n10:3
 0am AEST Wednesday 24 June 2026\nGarden Room\, Crown Casino\, Melbourne\n
 \n\n*Approx
DTEND:20260624T113000
DTSTAMP:20260528T040239Z
DTSTART:20260624T103000
LOCATION:Crown Casino - Melbourne
SEQUENCE:0
SUMMARY:Auction: 303 Esplanade\, Lakes Entrance VIC
UID:CRE-2020875743-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>Rare Entry Level KFC Freehold Inves
 tment in Booming Coastal Tourist Mecca <br/> CBRE and King & Heath First 
 National Real Estate are pleased to offer to market the freehold KFC loca
 ted at 303 Esplanade\, Lakes Entrance VIC for sale via Investment Portfol
 io Auction 185. <br/>  <br/> The property has the following key investmen
 t highlights: <br/>  <br/> + Five (5) year lease to 5 December 2026 plus 
 option to 2031.  <br/> + Proven location\, KFC trading on-site 18+ years.
   <br/> + Strong performing store\, with year on year growth over the pas
 t 5 years.  <br/> + Southern Restaurants: AUS largest privately owned KFC
  franchisee operating 110 stores across VIC\, NSW and ACT.  <br/> + Tenan
 t pays all usual outgoings as per the lease.  <br/> + Prime 344sqm* KFC r
 estaurant updated to latest corporate standard.  <br/> + 519sqm* Commerci
 al 1 freehold zone site with dual frontage and important on-title car par
 king.  <br/> + High exposure waterfront position on main retail strip amo
 ngst Woolworths\, K hub\, NAB & Australia Post.  <br/> + Lakes Entrance: 
 year round tourist mecca with permanent population of 8\,600 swelling to 
 25\,000-30\,000 over the summer period.  <br/> + Potential 50% stamp duty
  savings.  <br/> + Net Income: $125\,112pa* + GST <br/>  <br/> To be sold
  via Investment Portfolio Auction <br/> 10:30am AEST Wednesday 24 June 20
 26 <br/> Garden Room\, Crown Casino\, Melbourne <br/>  <br/>  <br/> *Appr
 ox</P></body></html>
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