PHOTO: It has a net income of $142,331 plus GST. Pic: supplied Source: Supplied
A rare KFC restaurant in regional NSW has sold under the hammer for $2.835 million, providing the buyer with a tasty investment.
The property at 139-145 Maitland St in the town of Muswellbrook is on a 2024sqm block of land and has the latest format KFC store with drive-through and a large carpark.
With exposure from the New England Highway and in a busy location adjoining a BP Service Station, the site was always expected to be popular.
There is currently a secure 15 year lease to 2025 with an option to extend until 2040, while it provides a net income of $142,331 plus GST.
READ MORE VIA NEWS.COM.AU
adsense
https://propertynoise.co.nz/au/advertisingrates/