** SOLD **

Gross Waddell ICR, in conjunction with Burgess Rawson and Gorman Allard Shelton, is pleased to offer to the market, Taco Bell Beaconsfield, for sale via an Investment Portfolio Auction.

The property has the following investment highlights:

• New 10 year net lease to Collins Foods Ltd (ASX: CKF) a fast food giant with a market cap of over $1.12 Billion

• Collins Foods: Operator of Taco Bell and #1 KFC operator in Australia with over 343 restaurants throughout Australia, Germany, Netherlands, Japan and Thailand

• Collins Foods recently announced 2022 sales growth of 11.1%

• Taco Bell: Globally recognised brand with 500+ Restaurants in 30 countries

• Strong and certain rental growth with fixed annual, compounding 4% increases

• Landlord-favourable, net lease terms with tenant responsible for their proportion of outgoings as per the lease

• Strategic home bound Princes Highway location, metres from Monash Freeway exit with exposure to over 58,000 vehicles passing daily****

• A brand new 2022 purpose built 275sqm* drive thru store due to open Q4 2022

• Large 1,099sqm* site with 30 on site car spaces

• Significant depreciation benefits, $206,000 year 1 rent potentially deductible (117% of rent)***

• Located within the Beaconsfield Service Centre anchored by fellow national tenants BP, KFC and Carls Jr as well as six (6) retail shops

• Position perfect adjoining a permit approved 108 townhouse development and future planned Woolworths anchored shopping centre within 100 metres*

• Beaconsfield: Booming south-eastern suburb 44km* from the Melbourne CBD

• Located in the Princes Highway growth corridor with the population forecasted to increase by 67% by 2041**

• An Essential Service Investment

• Estimated Net Income: $175,000 pa* + GST

To be sold by Investment Portfolio Auction:
10:30am AEST
Wednesday 26 October 2022
Crown Casino, Melbourne

Gross Waddell ICR:
Alex Ham - 0410 545 226
Michael Gross - 0419 355 561

Gorman Allard Shelton:
Jonathon McCormack - 0418 835 885
Stephen Gorman - 0418 321 828

Burgess Rawson:
Matthew Wright - 0458 290 588
Justin Kramersh - 0460 349 605

*Approximately
** ForcastID
***JM Advisory
****Gapmaps

##: Collins Food annual report 2022

 For further information, or an inspection of the premises, please contact an agent.