Commercial

New 12-Year Lease to KFC

12/400 Great South Road, Otahuhu

Retail Property

Auction

Floor area
273m²

Auction

Tuesday
11:00am
29
Sep

Map

Property description

Listing # 67042137|Listed on 28 August

Secure a premium passive investment underpinned by New Zealand's leading quick-service operators This high-profile premises is leased directly to Restaurant Brands Limited, with KFC having successfully traded from the site for more than two decades.

The property delivers a secure annual income of $172,800 plus GST plus OPEX per annum, underpinned by a new 12-year lease term extending through to 2038.

With a long lease to an iconic global fast food brand, and perfectly located, this is a flawless bottom-drawer investment that must be seriously considered! Opportunities of this caliber are highly sought after and rarely available. 

For sale by Auction at 11am, Tuesday 29th September (unless sold prior) at the Colliers Auction Room, Level 1, 52 Highbrook Drive, East Tāmaki.

Contact Colliers the Exclusive Agents:


Ronal Prasad - 021 232 1192

Ryan Gibb - 021 826 421


Features:

  • Returning an annual income of $172,800 + GST + OPEX
  • New 12 -year lease to KFC
  • High Profile Great South Road location
  • Ticks every box! Don’t miss out


More information: https://www.colliers.co.nz/p-NZL67042137

Your notesYour notes
Colliers New Zealand Ltd (Licensed: REAA 2008) - Auckland

Ronal Prasad

Broker | Investment Sales & Leasing | Colliers New Zealand Ltd (Licensed: REAA 2008) - Auckland
13 active listings
Colliers New Zealand Ltd (Licensed: REAA 2008) - Auckland South

Ryan Gibb

Colliers New Zealand Ltd (Licensed: REAA 2008) - Auckland South
109 active listings

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