2-16 Piper Dr,
Chelsea Heights, VIC 3196
Shops & Retail
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Sale - Expression of Interest
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Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
2-16 Piper Dr
Chelsea Heights, VIC 3196
Map of 2-16 Piper Dr
Train stations within 5 km of 2-16 Piper Dr, Chelsea Heights, VIC 3196 Distance Edithvale Station 2.2 km Aspendale Station 2.6 km Chelsea Station 2.8 km Bonbeach Station 3.9 km Mordialloc Station 4.6 km POWERED BY HERE ©Bus stops within 5 km of 2-16 Piper Dr, Chelsea Heights, VIC 3196 Distance Springvale Rd/Wells Rd (Chelsea Heights) 86 m Egret Dr/Edithvale Rd (Chelsea Heights) 120 m Wells Rd/Edithvale Rd (Aspendale Gardens) 130 m Blue Gum Caravan Park/29 Wells Rd (Chelsea Heights) 262 m Mornington Peninsula Freeway/Springvale Rd (Aspendale Gardens) 383 m POWERED BY HERE ©
POWERED BY HERE ©
Rarely Offered Freestanding KFC with Brand-New 15-year Lease
- Secure investment with new 15-year lease
- Single-tenant ‘set & forget’ investment
- Upgraded store, extensive capital outlay
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 Sale by Expressions of Interest closing Wednesday 9 October at 3:00pm (AEDT).
For further information please contact:
Rick Silberman - 0432 831 5...
Stephen Bolton - 0419 323 9...
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 Sale by Expressions of Interest closing Wednesday 9 October at 3:00pm (AEDT).
For further information please contact:
Rick Silberman - 0432 831 5...
Stephen Bolton - 0419 323 9...
Property ID: 504683332Last Updated: 9 Sep 2024
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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