Stonebridge National Investment Sales is pleased to present to the market, KFC Bomaderry, for Sale via National Portfolio Auction.
The asset has the following key investment features:
- Secure, long 16 year lease to 2037 + options to 2047
- Blue chip KFC leased to Southern Restaurants Group - the largest private KFC operator in Australia across NSW, VIC & ACT
- Newly refurbished store with drive thru and 36 dedicated car parks
- Rare freestanding KFC 'pad site' adjoining dominant Woolworths Supermarket with a huge customer draw, encompassing affluent precincts such as Kangaroo Valley and Berry^
- Located at a key convenience and retail junction near McDonalds, Ampol, Hungry Jacks, Red Rooster, Dominos, Caltex and Shell Coles Express
- Direct exposure to Princes Highway, carrying 74,252 vehicles daily#
- Prominent 2,801 sqm* site in a strategic gateway position within Bomaderry's retail core, only 3.5 km north of Nowra
- Bomaderry is part of the Illawarra-Shoalhaven LGA, being the third-largest regional economy in NSW and home to a growing population of 404,000 (+67,000 by 2036)"
- Landlord favourable lease tenant pays outgoings including land tax
- Fixed 3% annual rent increases
- Net rental income $96,820 pa + GST (as at 30 August 2022)
*Approximate ^Trade Area Report, Location IQ 2022 #GapMaps "360 Economic Outlook, ISJO
The Investment is for sale by way of Stonebridge National Portfolio Auction on Tuesday 5th July, commencing at 11am. The Auction will be held at Sofitel Sydney Wentworth's 'Hobart Room', located on Level 2, 61-101 Phillip Street, Sydney NSW.
Prospective purchasers & interested parties will have access to remote bidding facilities in Brisbane & Melbourne, as well as via our Live Stream & Online Bidding Platform, strictly via prior arrangement.
Please contact the exclusively appointed Stonebridge property professionals for more information.
Property Code: 435
