KFC, 383-387 Payneham Road,
Marden, SA 5070
Shops & Retail • Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Zoning
Tenure type
Sold on
Map of KFC, 383-387 Payneham Road
SOLD AT AUCTION
- SENSATIONAL TROUBLE FREE INVESTMENT
- GLOBALLY RECOGNISED TENANT
- PRIME LOCATION - LONG TERM LEASE
. Exceptional high traffic flow location on prominent corner.
. Surrounded by complementary land uses and adjacent to Marden
Shopping Centre.
. First leased to KFC in 2002.
. Improvements on the land constructed by KFC.
. New 10y+10y lease from July 2012.
. Current rental $103,949.28 PA, plus GST.
. Yearly rent reviews to movement in CPI with market rent reviews
applicable at expiration of each 5 years.
. Next CPI review due 01.07.2015.
. Next market rent review due 01.07.2017.
. Realistic rental growth prospects.
. All outgoings payable by KFC (except State Land Tax).
. Total land area, approx 1996 sqm.
. Flexibility of 3 separate Certificates of Title.
. Zoned District Shopping.
. Globally recognised Tenant.
TO BE SOLD BY PUBLIC AUCTION AT MAYFAIR HOTEL (DIAMOND ROOM), CORNER KING WILLIAM + HINDLEY STREETS, ADELAIDE, ON THURSDAY, 25TH JUNE 2015 AT 11:30 AM [ACST].
. Surrounded by complementary land uses and adjacent to Marden
Shopping Centre.
. First leased to KFC in 2002.
. Improvements on the land constructed by KFC.
. New 10y+10y lease from July 2012.
. Current rental $103,949.28 PA, plus GST.
. Yearly rent reviews to movement in CPI with market rent reviews
applicable at expiration of each 5 years.
. Next CPI review due 01.07.2015.
. Next market rent review due 01.07.2017.
. Realistic rental growth prospects.
. All outgoings payable by KFC (except State Land Tax).
. Total land area, approx 1996 sqm.
. Flexibility of 3 separate Certificates of Title.
. Zoned District Shopping.
. Globally recognised Tenant.
TO BE SOLD BY PUBLIC AUCTION AT MAYFAIR HOTEL (DIAMOND ROOM), CORNER KING WILLIAM + HINDLEY STREETS, ADELAIDE, ON THURSDAY, 25TH JUNE 2015 AT 11:30 AM [ACST].
Property ID: 501567891Last Updated: 5 Jul 2016
08 8410 644...
KFC, 383-387 Payneham Road
Marden, SA 5070
Negotiators Real Estate - AdelaideLevel 2, 195 Victoria Square
ADELAIDE, SA 5000
ADELAIDE, SA 5000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
263-277 Payneham Road,Royston Park, SA 5070 679 m²Shops & Retail • Development Sites & Land
