* Brand New 11 Year Lease * KFC Restaurant and Drive-Thru * Strategic Location *
Outstanding freehold investment operating as KFC restaurant and drive-thru. The property is leased on a brand new term of 11 years with 2 further terms of 5 years and a current rental of $219,035.00 per annum. This recently modernised KFC is strategically positioned on a Point Nepean Road corner allotment of approximately 1,717m2. Enhanced by depreciation taxation benefits and future development potential this property is ideal for the astute investor. *FOR MORE INFORMATION PLEASE SEE VIRTUAL TOUR* (Auction Terms:10% deposit, balance 60 days)
The size of Rosebud is approximately 17.1 square kilometres. There are 36 parks, covering nearly 26.1% of the total area. The population of Rosebud in 2016 was 13195 people. By 2021 the population was 14381 showing a population growth of 9.0% in the area during that time. The predominant age group in Rosebud is 60-69 years. Households in Rosebud are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rosebud work in a trades occupation.In 2021, 69.60% of the homes in Rosebud were owner-occupied compared with 67.90% in 2016.
Rosebud has 11,009 properties. Over the last 5 years, Houses in Rosebud have seen a 7.91% increase in median value, while Units have seen a 15.55% increase. As at 30 April 2026:
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