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Sold on 24 Jan 2017

413 New England Highway Tamworth NSW 2340

  • Retail
  • 4,033 m²
  • Sold

SECURE FREESTANDING KFC RETAIL INVESTMENT WITH BONUS UPSIDE

- 13 year lease to KFC - Global leading retail brand, and the second largest fast-food retailer in Australia
- Huge exposure with 67* meter frontage to New England Highway, in one of NSW largest and most dominant regional cities
- Passive long term retail investment with future value add opportunity by way of a potential retail development and leasing
- Significant 4,033sqm site with ample & convenient at grade parking for 48 vehicles plus drive-thru capabilities
- Tightly held location adjoining Stockland owned homemaker centre, national brands and the iconic "Golden Guitar"
- Recently refurbished offering tax depreciation benefits
- Fully leased net income $283,652 per annum*

FOR SALE VIA PUBLIC EXPRESSIONS OF INTEREST CLOSING THURSDAY 1ST DECEMBER AT 5:00PM (AEDT)

*Approximate

Property Highlights

Property ID2013174737
Date Sold24 Jan 2017
Floor AreaAsk Agent
Land Area4,033 m²
ParkingAsk Agent
Category
Last updated  20 Sep 2017
Map for 413 New England Highway Tamworth NSW 2340
CBRE Sydney
Level 21 363 George Street Sydney NSW 2000

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