1. Home
  2. »
  3. Properties For Sale
  4. »
  5. “One of QLD’s Leading KFC Stores” - Renewed Lease to Fast...

154 Morayfield Road (corner Michael Avenue), MORAYFIELD QLD, 4506

For Sale
https://dduaaywsz-res-4.cloudinary.com/image/upload/v1600041118/sawzoktjpkm9gdhhfy0y.jpg

Property for Sale in 154 Morayfield Road (corner Michael Avenue), MORAYFIELD QLD, 4506

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11392383
Status:
Active
For:
Sale
Last Updated:
14/09/2020
Price:
Price on Request
Icon building

Property Type

Retail/Showrooms/Bulky Goods/Land/Development
Icon square

Land Area

1828 SQM
Icon size

Floor Area

300 SQM
Icon parking

Parking

N/A

“One of QLD’s Leading KFC Stores” - Renewed Lease to Fast Food Retail Giant

+ Renewed Five (5) year lease to December 2024 plus option to December 2029
+ Collins Restaurants Queensland Pty Ltd: wholly owned subsidiary of ASX listed Collins Foods Ltd, Market Cap of $1.15 billion (August 2020)
+ Long proven performing KFC store established 30+ years
+ Massive year on year sales growth - trading well above turnover threshold
+ Annual rent reviews plus generous 5% of turnover above threshold
+ Tenant pays all usual outgoings as per lease
+ Modern 300 sqm building including thriving drive thru
+ Irreplaceable 1,828 sqm Local Centre – ‘Precinct’ zone corner site
+ 14 car parks on title, plus seamless integration to adjoining shopping centre
+ Prime corner on major retail strip with 33,000+ vehicles passing daily and 35,964 residents within 3km
+ Blue chip location opposite Morayfield Shopping Centre (159 retailers/6.2M visitors pa), First Choice Liquor and close to Bunnings, McDonald's, Supercheap Auto, Hungry Jack’s etc
+ Morayfield - Established residential suburb 40km from Brisbane CBD, part of Moreton Bay Region which is forecast to have a 50% population growth to 690,000 by 2041.
+ Net Income: $269,608 pa + GST

For Sale by Investment Portfolio Auction
11:00am (AEST) Wednesday 23 September

For more details, please email agent


Video & Interactive Tour
Btn video

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


More properties from Burgess Rawson & Associates Pty Ltd
Sold
Shop 5 & 6/2185 Point Nepean Road, RYE VIC, 3941

Shop 5 & 6/2185 P...

Retail
Sold
83 Marshalls Road, TRARALGON VIC, 3844

83 Marshalls Road...

Hotel/LeisureOtherRetail
Sold
Lot 4/545 McDonalds Road, SOUTH MORANG VIC, 3752

Lot 4/545 McDonal...

RetailShowrooms/Bulky GoodsOffices
Sold
29 Morwell Street, YANCHEP WA, 6035

29 Morwell Street...

Medical/ConsultingRetail
For Lease
2 Selandra Boulevard, CLYDE NORTH VIC, 3978

2 Selandra Boulev...

RetailOffices
Sold
2-4 Roslyn Park Drive, MELTON VIC, 3337

2-4 Roslyn Park D...

Medical/ConsultingRetail
More properties from Morayfield
Sold
4/30-36 Dickson Road, MORAYFIELD QLD, 4506

4/30-36 Dickson R...

Industrial/WarehouseOffices
Leased
Lease F/87-91 Michael Avenue, MORAYFIELD QLD, 4506

Lease F/87-91 Mic...

RetailOffices
For Lease
1/140 Morayfield Road, MORAYFIELD QLD, 4506

1/140 Morayfield ...

Retail
For Lease
10B/201-205 Morayfield Road, MORAYFIELD QLD, 4506

10B/201-205 Moray...

Offices
For Sale & Lease
6/260 Morayfield Road, MORAYFIELD QLD, 4506

6/260 Morayfield ...

OfficesMedical/Consulting
Leased
8/110 Morayfield Road, MORAYFIELD QLD, 4506

8/110 Morayfield ...

RetailOfficesShowrooms/Bulky Goods
Loading...