387 Maroondah Highway Ringwood VIC 3134

JLL Retail Investments is pleased to present KFC Ringwood, an exceptionally rare opportunity to acquire a freehold KFC investment with a short term WALE in Melbourne's eastern suburbs.

Located on Maroondah highway, the expansive 3,991sqm landholding enjoys major exposure to over 40,000 daily passing vehicles. Just 28km* from the Melbourne CBD, the store benefits from its strategic position along Ringwood's 'Golden Mile' of car dealerships ensuring high visibility and accessibility.

Key details of the opportunity include:

+ Rare freehold KFC investment situated within Melbourne's eastern suburbs
+ Strategic location just 1500m from the Major Ringwood Metropolitan Activity Centre (1 of 10 within Melbourne)
+ Estimated net income of $168,669 p.a. + GST
+ Expansive 3,991sqm landholding including rear developable land parcel behind the KFC
+ Booming location with Ringwood's population expected to grow by 39% by 2046
+ High exposure site with exposure to over 40,000 daily passing vehicles on Maroondah Highway
+ No further terms, providing the short-term flexibility to re-lease, re-position or re-develop
+ Exceptional improvements built in 2010, providing indoor & outdoor dining, drive-thru and at-grade car parking for 18 vehicles

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Dominic McGrath | 0416 440 525
Tom Noonan | 0402 319 698
Xander Yeo | 0487 656 141