Browse all categories | Subscribe My Account | Logout
Browse all categories
< Back

Investor pays $4.5m for KFC Tamworth

Property Markets / Transactions

Australia

Mar 18 2017

Add to Favorites

Share this Article:

Carolyn Cummins, The Sydney Morning Herald

A Melbourne-based private investor has snapped up an existing KFC restaurant site in Tamworth for $4.47 million, reflecting a yield of 5.1 per cent. CBRE's Aaron Arias, Nick Willis and Justin Dowers negotiated the sale of the 413 New England Highway property on behalf of a private investor.

The property is leased to QSR, the largest franchisee of KFC restaurants in NSW, on a new 13-year lease with options until 2038.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

img

You may also like...


Load More

bannerImage
bannerImage

Login into your MP Report account

Forgot my password

Sign up to the MP Report

Creating an account with MP Report allows you to save articles and update your preferences to filter the content based on your interests and what content you would like to receive from us via our email alerts and newsletter.

SIGN UP HERE >