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75 The Lakes Way, Forster, NSW 2428

75 The Lakes Way, Forster, NSW 2428

Retail

  • Sold Contact Agent
  • Tue 22-Jun-21

Entry Level KFC Investment - Below Replacement Value

  • Entry Level KFC Investment
  • Below Replacement Value
  • 10 Year lease to 2026 + 10 year options

  • Land Area
  • 1975.00 m² (approx)
  • Floor Area
  • 300 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Jul 28, 2021

Additional Details


Interested in this property? Contact an Agent today

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street

Sydney NSW 2000

Rhys Parker, Burgess Rawson - Sydney
Rhys Parker
Dean Venturato, Burgess Rawson - Sydney
Dean Venturato

Entry Level KFC Investment - Below Replacement Value

10 year lease to June 2026 plus 5 + 5 year options
Busy main road location
Highly prominent 1,975 sqm main road site with 30 car spaces
Located opposite Stockland Shopping Centre with Woolworths, Coles and Hungry Jack’s
Recently refurbished store with internal/external seating and drive-thru facility
Forster: desirable “sea change” lifestyle location and popular holiday destination
Very low rental allows for significant future rental growth
Net Income: $82,933 pa + GST

For Sale by Auction
Tuesday 22 June at 11am
Yallamundi Rooms, Sydney Opera House

75 The Lakes Way, Forster, NSW 2428

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