978 Ballarat Road,
Deer Park, VIC 3023
Shops & Retail • Showrooms & Large Format Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 978 Ballarat Road
Secure Metropolitan KFC Investment
- Renewed 11 Year Lease
- Annual Fixed 3% Increases
- Scheduled for $200K Refurbishment
Renewed 11 year lease to 2027 plus 3x10 year options to 2057.
Annual fixed 3% increases – Lessee pays all usual outgoings.
323 sqm building scheduled for circa $200,000 refurbishment and upgrade to KFC's current corporate layout and design including dual lane drive-thru.
Strategic 3,451 sqm site next to McDonald's with 42m frontage to Western Highway.
Busy metropolitan arterial with 44,000 cars passing daily.
Lessee (Retzos Group): Leading franchisee with 40+ stores and growing plus Winner of 'KFC Franchisee of the Year' 2012/13.
Strategic metro location within Melbourne's booming western growth corridor, 17 kms from CBD.
Rent: $199,147 pa.
Auction 11am Wednesday 18th May
River Room, Crown Casino, Melbourne
Annual fixed 3% increases – Lessee pays all usual outgoings.
323 sqm building scheduled for circa $200,000 refurbishment and upgrade to KFC's current corporate layout and design including dual lane drive-thru.
Strategic 3,451 sqm site next to McDonald's with 42m frontage to Western Highway.
Busy metropolitan arterial with 44,000 cars passing daily.
Lessee (Retzos Group): Leading franchisee with 40+ stores and growing plus Winner of 'KFC Franchisee of the Year' 2012/13.
Strategic metro location within Melbourne's booming western growth corridor, 17 kms from CBD.
Rent: $199,147 pa.
Auction 11am Wednesday 18th May
River Room, Crown Casino, Melbourne
Property ID: 501931858Last Updated: 15 Aug 2016
978 Ballarat Road
Deer Park, VIC 3023
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Lease Link Property Consultants - BRIGHTONLeve1 1, 451 Nepean Hwy
BRIGHTON EAST, VIC 3187
BRIGHTON EAST, VIC 3187
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Fantastic Furniture, 1093 Western Hwy,Ravenhall, VIC 3023 2400 m²Shops & Retail • Offices • Showrooms & Large Format Retail
