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Brand New KFC on 10-year lease

914-916 Heretaunga Street East, Hastings

Retail Property
dollar

Tender

Floor area
226m2
Land area
1326m2
Title type
Freehold
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Map

Property details

Listing # 1781261 | Listed on 1 July
  • Brand new retail investment with new ten-year lease to Restaurant Brands
  • Returning $140,000pa + GST with fixed growth throughout the lease
  • High-profile location on strategic thoroughfare
  • A tasty investment for the bottom drawer

A brand-new hands-off investment that ticks all the boxes. Currently under construction and due for completion in September 2026, the property comprises a dine in and drive through KFC and will benefit from a new 10-year lease to Restaurant Brands, returning $140,000 pa + GST with fixed growth throughout the lease.

The property is located on a high-profile position on a main thoroughfare, linking Hastings CBD and Havelock North, well suited to take advantage of traffic flows throughout the day and the established surrounding residential catchment.

A true hands-off investment with a strong tenant covenant. Call now for further information.

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