Renewed 10-year lease to Collins Foods (ASX: CKF), Australia's #1 KFC operator with 251 stores nationally
+ Renewed Ten (10) year lease to October 2029 plus Two (2) further Ten (10) year options to 2049. + Collins Foods Ltd: $1.3 Billion ASX-listed fast food giant and Australia's #1 KFC operator with 251 stores nationally. + Proven store with KFC operating on-site for 27 years. + Collins Foods recently announced record KFC half year sales growth of 12.4%. + Modern 145sqm freehold restaurant plus drive thru with $124k tenant funded upgrade in 2019. + Investor preferred net lease terms with tenant paying all usual outgoings as per lease. + Annual rent reviews. + Prominent CBD site within 100 metres of Coles, K-Mart, Snowy Valleys Council offices, & Mobil. + Tumut: capital township of Snowy Valleys Council servicing 15,000+ trade catchment. + Rent: $115,543pa + GST (as at October 2021)
For Sale by Investment Portfolio Auction Tuesday 11AM (AEST) Yallamundi Rooms, Sydney Opera House
