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201/486 Browns Plains Road
Berrinba QLD 4117
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Sold on 10 Nov 2021

201/486 Browns Plains Road Berrinba QLD 4117

  • Shop & Retail
  • 224 m²
  • Sold

New KFC Brisbane Investment secure lease with options to 2051

    New 10 year gross lease to Collins Foods Ltd, a $1.40 Billion ASX-listed company and Australia's #1 KFC operator with 253 stores nationally.
    Collins Food recently announced 2021 KFC sales growth of 12.9%.
    Annual compounding 2.5% rent increases.
    Strategic Logan Motorway corridor location between QLD's three most important population centres, Brisbane CBD (22km), Gold Coast (45km) and Ipswich (32km).
    Surrounded by many of Brisbane's most important logistics facilities including Google, Charter Hall, GPT, Frasers, Logos, DHL, Metcash, Toll, JB Hi-Fi, Sigma, Pharmaceuticals, John Deer, Lion Drinks, Rinnai, Penrite Oil and a Woolworths Shopping Centre.
    Situated within the Berrinba Central development surrounded by leading retailers including United Petroleum, Bridgestone, Starbucks and Salvo's Store.
    A brand new 2021 purpose built 220sqm* drive thru store, opening in May and already delivering an outstanding trading performance.
    Large 2,190sqm* site with 2-lane drive thru and 29 on site car spaces
    Significant depreciation benefits, $255,900 potential year 1 rent potentially deductible (148% of rent)***.
    91.747* residents plus 17,752 workers employed** within 5km.
    Logan: Local population forecast to grow by 50% to 500,000 by 2036****, attracting $1.9 billion in industrial development in the last two years*****.
    Estimated Net Rental: $174,176*

    For Sale by Investment Portfolio Auction
    11am (Brisbane Time) Wednesday 10 November 2021

    *Approx
    **Reader's Digest
    ***Napier and Blakeley
    ****Logan City Council
    *****Urban Developer

    AUCTION

    Auction date and time10/11/2021 11:00
    Auction location201/486 Browns Plains Road, Berrinba QLD

    Property Highlights

    Date Sold10 Nov 2021
    Floor Area224 m²
    Land Area2,190 m²
    ParkingAsk Agent
    Property ID2017305078
    Category
    Last updated  14 Nov 2021
    Map for 201/486 Browns Plains Road Berrinba QLD 4117

    Property Highlights

    Date Sold10 Nov 2021
    Floor Area224 m²
    Land Area2,190 m²
    ParkingAsk Agent
    Property ID2017305078
    Category
    Last updated  14 Nov 2021
    Evel 20, 150 Lonsdale Street Melbourne VIC 3000

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