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Stonebridge Property Group - Brisbane

812-818 Yaamba Road Parkhurst, QLD 4702

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812-818 Yaamba Road,
Parkhurst, QLD 4702

Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial

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Stonebridge Property Group - Brisbane
Michael Collins
Tom Moreland
Thomas Proberts

Stonebridge Property Group - Brisbane

Level 29, 10 Eagle Street
BRISBANE CITY, QLD 4000
Stonebridge Property Group - Brisbane
812-818 Yaamba Road
Parkhurst, QLD 4702

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Brand New KFC Adjacent Woolworths – 10 Year Lease to ASX Listed Tenant

  • Rare Freestanding ‘Pad Site’
  • New Improvements & Strong Depreciation
  • ASX Collins Foods Ltd - 281+ Outlets
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

*Approximately

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.

Property Code: 588

Property ID: 504249444Last Updated: 9 May 2023

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