KFC - 154 Morayfield Road, MORAYFIELD (MLB)

+ Renewed Five (5) year lease to December 2024 plus option to December 2029 + Collins Restaurants Queensland Pty Ltd: wholly owned subsidiary of ASX listed Collins Foods Ltd, Market Cap of $1.15 billion (August 2020) + Long proven performing KFC store established 30+ years + Massive year on year sales growth ? trading well above turnover threshold + Annual rent reviews plus generous 5% of turnover above threshold + Tenant pays all usual outgoings as per lease + Modern 300 sqm building including thriving drive thru + Irreplaceable 1,828 sqm Local Centre ? ?Precinct? zone corner site + 14 car parks on title, plus seamless integration to adjoining shopping centre + Prime corner on major retail strip with 33,000+ vehicles passing daily and 35,964 residents within 3km + Blue chip location opposite Morayfield Shopping Centre (159 retailers/6.2M visitors pa), First Choice Liquor and close to Bunnings, McDonald?s, Supercheap Auto, Hungry Jack?s etc + Morayfield ? Established residential suburb 40km from Brisbane CBD, part of Moreton Bay Region which is forecast to have a 50% population growth to 690,000 by 2041. + Net Income: $269,608 pa + GST For Sale by Investment Portfolio Auction 11:00am (AEST) Wednesday 23 September