KFC Chelsea Heights, 2-16 Piper Dr, CHELSEA HEIGHTS | Property for sale | Savills
259 sq m
Price on application

KFC Chelsea Heights2-16 Piper Dr, CHELSEA HEIGHTS


    Key features

    • Secure investment with new 15-year lease
    • Single-tenanted ‘set & forget’ investment
    • Upgraded store, extensive capital outlay

    Rarely Offered Freestanding KFC with Brand-New 15-year Lease

    About this property

    • EOI Closed - Offers Under Review

      Savills Retail Investments is delighted to offer for sale KFC Chelsea Heights, an exceptional QSR investment opportunity being offered with a new 15-year lease, backed by Southern Restaurants, the largest privately owned KFC franchisee in Australia.

      Key attributes of the property include:

      • Highly sought Long WALE investment with new 15-year lease expiring 2039 plus options
      • Strategic location surrounded by complementary QSR and immediate connectivity to Springvale Road and the M11 Freeway
      • Highly visible site on prime corner of major arterials Springvale/Edithvale and Boundary/Wells Roads.
      • Significant landholding of 2,790 square metres* with onsite car parking for 31 vehicles
      • Highly complementary co-location next to McDonald’s on integrated site
      • Excellent visibility to a combined 55,100^ cars passing daily
      • Fixed annual escalations of 3.00% providing attractive rental growth prospects
      • Commercial 2 zoning with low site coverage, offering scope for future development
      • Long established and proven KFC store operating in this location since 1992
      • Southern Restaurants: Largest privately-owned KFC franchisee in Australia with 95 stores nationally
      • Net Income: $320,565 p.a.

      *Approximate ^VicRoads

      For further information please contact:

      Rick Silberman - 0432 831 511
      Stephen Bolton - 0419 323 997

    Available space

    LevelTenancySale TypePriceAreaSqmStatus
    n aPrivate Treaty259.00sq mAvailable