SOLD - Dee Why (Sydney) - Trophy Sydney KFC Investment - 30+ Years In Occupation

Cushman & Wakefield is pleased to present to the market 36 Fisher Road, Dee Why for Sale via Auction.

The property has the following key characteristics:

• 12 year lease to 2028 + options to 2058
• KFC - Iconic fast food brand serving 2 million customers weekly across 640 outlets nationally
• Defensive KFC location high barriers to entry for fast food drive thru retail in Sydney’s Northern Beaches
• High profile corner site with 75 metres of triple street frontage along major arterial road
• Strategic location positioned in close proximity to national tenants Coles, Woolworths, United & 7-Eleven
• Modern purpose built new format store with drive-thru
• Blue ribbon Northern Beaches location, 18 km from Sydney CBD
• Favourable B4 Mixed Use & R3 Medium Density Residential Zoning providing future development upside
• Tenant pays 100% of outgoings (incl. Land Tax)
• Lease secured by Bank & Directors Personal Guarantee’s
• Net Income $248,045 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 10 December at 1pm AEDT at Doltone House Hyde Park, located on 3/181 Elizabeth Street, Sydney NSW.

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.