Stonebridge National Investment Sales is pleased to present to the market KFC Parkhurst (Rockhampton) for sale via National Portfolio Auction to be held on 9 March at 11AM (AEDT).

The asset has the following key investment features:

• Brand new 10 year lease to 2032 + options to 2052 with fixed 3% increases
• ASX Listed Collins Foods Ltd – Australia’s largest KFC & Taco Bell operator across 281 outlets, with revenues exceeding $1 Billion*
• Rare KFC ‘pad-site’ adjoining Woolworths-anchored Parkhurst Town Centre featuring 20+ specialty tenants including BWS & Priceline, servicing a rapidly expanding residential catchment
• Blue-chip freestanding fast food offering with new improvements (constructed November 2022), dual lane drive-thru and 25 car parks, providing significant depreciation benefits
• Highly exposed 1,627 sqm* site boasting direct access to the Bruce Highway (22,900+ vehicles daily); Key route of the Australian National Highway network linking Brisbane to Cairns and 1 km* north of the $1 Billion Rockhampton Ring Road infrastructure project
• Rockhampton – Booming and dynamic Queensland city widely known for agricultural excellence as the ‘Beef Capital of Australia’ with a regional population forecast to exceed 95,000+* by 2036
• Tenant pays outgoings including insurance and air-conditioning repairs & maintenance
• Net Income $171,140 pa* + GST

KFC Parkhurst (Rockhampton) is for sale via National Portfolio Auction to be held on Thursday, 9 March at 11AM (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately