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Top Performing KFC - Adjoins Woolworths Anchored Shopping...

51-57 Hospital Road, EMERALD QLD, 4720

Sold

Property Sold in 51-57 Hospital Road, EMERALD QLD, 4720

Burgess Rawson (QLD) Pty Ltd

Level 24, 324 Queen Street, Brisbane, QLD 4000

Listing ID:
11362932
Status:
Sold
Price:
Price on Request
Last Updated:
04/11/2019
Icon building

Property Type

Retail
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Land Area

1263 SQM
Icon size

Floor Area

301 SQM
Icon parking

Parking

N/A

Top Performing KFC - Adjoins Woolworths Anchored Shopping Centre

# New 15 year lease to 4 August, 2033
# Net passing income of $108,638 p.a.
# 100% leased to ASX200 company, Collins Foods Limited (ASX:CKF), which reported $901.2 million in revenue in the 2019 financial year and has a market capitalisation of approximately $1.17 billion
# Collins Food is operating a high performing KFC from the property which has recorded 13.7% turnover growth in the year to 23 June, 2019
# KFC Emerald is located in one of the most productive regions in the country, the Central Highlands Region, with Gross Regional Product of $140,322 per capita compared to Gross Domestic Product per capita of $79,107 across Australia
# High profile, freestanding restaurant on an expansive 1,263 sqm site with 20 car parks and fronting Hospital Road & Gregory Highway
# Directly next door to Woolworths-anchored ‘The Village @ Emerald’ shopping centre which generates significant foot traffic
# Tenant pays all outgoings excluding land tax

Auction 12 noon AEDT, Wednesday 30 October 2019
Crown Casino, Melbourne VIC

For more details, please email agent

Burgess Rawson (QLD) Pty Ltd

Level 24, 324 Queen Street, Brisbane, QLD 4000


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