161 Boat Harbour Drive, Urraween, Qld 4655

Retail
Under Contract
Under Contract
Published on: 31 Jul 2024
Last updated on: 03 Sep 2024
161 Boat Harbour Drive, Urraween, Qld 4655
161 Boat Harbour Drive, Urraween, Qld 4655
161 Boat Harbour Drive, Urraween, Qld 4655
+7
161 Boat Harbour Drive, Urraween, Qld 4655
  • 7
Property ID: 504651944
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Key property information

Floor Area
3,392.00 m2
Tenure Type
tenanted

KFC and Pizza Hut Investment in Major QLD Coastal Growth Region

161 Boat Harbour Drive, Urraween, Qld 4655
161 Boat Harbour Drive, Urraween (Hervey Bay) is truly a prime investment offering tenanted by two long term national fast foods brands. Located in one of the highest profile positions in Hervey Bay, the offering provides a secure income stream with strong annual growth in an unbeatable location.

- KFC leased until 2031 plus 2 x 5 year options
- Pizza Hut leased until 2029 plus 2 x 5 year options
- Estimated net income: $353,383 p.a.*
- Prime 3,392m²* site at the entrance to Stockland’s Hervey Bay Shopping Centre 
- Improved with two freestanding tenancies including KFC drive-thru
- Strong fixed annual increases of 4% (KFC) and 3.5% (Pizza Hut)
- 100% income secured by blue chip and essential food related tenants
- Surrounded by major bands including McDonalds, Hungry Jacks, Spotlight and Dan Murphy’s
- Hervey Bay is a key growth corridor with avg 1.41% growth annually since 2011 plus approx. 1.4 million* overnight visitors annually 

For Sale via Public Auction In-Rooms on Thursday 29 August 2024 at 12pm.

For further information please contact exclusive marketing agents Mark Wollin or Nick Dowling.

*Approx.

Property Details

Basic Info

Property Type
Retail
Listing Status
On Market
Address
161 Boat Harbour Drive, Urraween, Qld 4655
Mark Wollin
Nick Dowling
Level 5, 57 The Esplanade, Cotton Tree, Qld 4558
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Contact Agent

Colliers - Sunshine Coast

Level 5, 57 The Esplanade, Cotton-Tree, Qld

Mark Wollin
Mark Wollin
Nick Dowling
Nick Dowling

Colliers - Sydney

Level 30, Grosvenor Place, 225 George Street, Sydney, NSW

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      Property ID: 504651944

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