161 Boat Harbour Drive,
Urraween, QLD 4655
Shops & Retail
Price information
Sale - Auction
Under Contract
Key property information
Floor area
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$353,382
Number of Tenants
2 Tenants
Tenants / Type
KFC & Pizza Hut
Private inspections
to arrange a private inspection.
Colliers - Sydney
Level 30, Grosvenor Place, 225 George StreetSYDNEY, NSW 2000
161 Boat Harbour Drive
Urraween, QLD 4655
Map of 161 Boat Harbour Drive
Bus stops within 5 km of 161 Boat Harbour Drive, Urraween, QLD 4655 Distance Central Ave at Stockland Hervey Bay 208 m Main Street Near Boat Harbour Dr 306 m Main Street Near Rose St 378 m Beach Road Near Boat Harbour Dr 575 m Old Maryborough Road Near Main St 587 m POWERED BY HERE ©
POWERED BY HERE ©
KFC and Pizza Hut Investment in Major QLD Coastal Growth Region
- Estimated Net Income $353,383* p.a.
- Leased to KFC (2031) & Pizza Hut (2029)
- Prime Main Road Position
161 Boat Harbour Drive, Urraween (Hervey Bay) is truly a prime investment offering tenanted by two long term national fast foods brands. Located in one of the highest profile positions in Hervey Bay, the offering provides a secure income stream with strong annual growth in an unbeatable location.
- KFC leased until 2031 plus 2 x 5 year options
- Pizza Hut leased until 2029 plus 2 x 5 year options
- Estimated net income: $353,383 p.a.*
- Prime 3,392m²* site at the entrance to Stockland’s Hervey Bay Shopping Centre
- Improved with two freestanding tenancies including KFC drive-thru
- Strong fixed annual increases of 4% (KFC) and 3.5% (Pizza Hut)
- 100% income secured by blue chip and essential food related tenants
- Surrounded by major bands including McDonalds, Hungry Jacks, Spotlight and Dan Murphy’s
- Hervey Bay is a key growth corridor with avg 1.41% growth annually since 2011 plus approx. 1.4 million* overnight visitors annually
For Sale via Public Auction In-Rooms on Thursday 29 August 2024 at 12pm.
For further information please contact exclusive marketing agents Mark Wollin or Nick Dowling.
*Approx.
- KFC leased until 2031 plus 2 x 5 year options
- Pizza Hut leased until 2029 plus 2 x 5 year options
- Estimated net income: $353,383 p.a.*
- Prime 3,392m²* site at the entrance to Stockland’s Hervey Bay Shopping Centre
- Improved with two freestanding tenancies including KFC drive-thru
- Strong fixed annual increases of 4% (KFC) and 3.5% (Pizza Hut)
- 100% income secured by blue chip and essential food related tenants
- Surrounded by major bands including McDonalds, Hungry Jacks, Spotlight and Dan Murphy’s
- Hervey Bay is a key growth corridor with avg 1.41% growth annually since 2011 plus approx. 1.4 million* overnight visitors annually
For Sale via Public Auction In-Rooms on Thursday 29 August 2024 at 12pm.
For further information please contact exclusive marketing agents Mark Wollin or Nick Dowling.
*Approx.
Property ID: 504651944Last Updated: 3 Sep 2024
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