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Sold on 4 Aug 2021

74 Capper Street Tumut NSW 2720

  • Shop & Retail
  • 145 m²
  • Sold

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

    AUCTION

    Auction date and time03/08/2021 11:00
    Auction location74 Capper Street, Tumut NSW
    Beau Coulter
    Burgess Rawson & Associates
    Beau Coulter
    Burgess Rawson & Associates
    Kieran Bourke
    Burgess Rawson Sydney
    Kieran Bourke
    Burgess Rawson Sydney
    Raoul Holderhead
    Burgess Rawson & Associates
    Raoul Holderhead
    Burgess Rawson & Associates

    Property Highlights

    Property ID2017113378
    Date Sold4 Aug 2021
    Floor Area145 m²
    Land Area756 m²
    ParkingAsk Agent
    Category
    Last updated  5 Aug 2021
    Map for 74 Capper Street Tumut NSW 2720
    Map for 74 Capper Street Tumut NSW 272074 Capper Street Tumut NSW 2720
    Beau Coulter
    Burgess Rawson & Associates
    Beau Coulter
    Burgess Rawson & Associates
    Kieran Bourke
    Burgess Rawson Sydney
    Kieran Bourke
    Burgess Rawson Sydney
    Raoul Holderhead
    Burgess Rawson & Associates
    Raoul Holderhead
    Burgess Rawson & Associates

    Property Highlights

    Property ID2017113378
    Date Sold4 Aug 2021
    Floor Area145 m²
    Land Area756 m²
    ParkingAsk Agent
    Category
    Last updated  5 Aug 2021
    Burgess Rawson & Associates
    Level 7, 140 Bourke Street Melbourne VIC 3000
    Beau Coulter
    Burgess Rawson & Associates
    Beau Coulter
    Burgess Rawson & Associates
    Kieran Bourke
    Burgess Rawson Sydney
    Kieran Bourke
    Burgess Rawson Sydney
    Raoul Holderhead
    Burgess Rawson & Associates
    Raoul Holderhead
    Burgess Rawson & Associates
    Beau Coulter

    Beau Coulter

    Burgess Rawson & Associates

    Kieran Bourke

    Kieran Bourke

    Burgess Rawson Sydney

    Raoul Holderhead

    Raoul Holderhead

    Burgess Rawson & Associates

    0413 *** ***
    0413 839 898

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