Ray White Commercial is proud to present this secure corner blue chip, set and forget investment. Centrally located on Doncaster Road and utilised by KFC as their drive thru and utilised by Vodafone to lease land for a utility shed in connection with their use of the fixed power line for telecommunication services. Both tenancies are on long term leases with fixed increases.

• Land area | 671m2 approximately
• Zoning | Residential Growth
• Corner block
• 2 Blue Chip Tenants

Vodafone Network
• Lease | 20 Years
• Expiry | 20/03/2035
• Rental | $18,995.86 pa
• Annual | 5% increases

KFC Drive Thru
• Lease | 13 Years 11 months 19 days
• Expiry | 20/03/2029
• Rental | $32,533.12 pa (Applies from 1st April)
• Annual | 3% Increases
• Combined return | $51,528.98 + GST