The 1836sqm commercial-zoned corner site sits at the intersection of the Princes Highway (Raglan Parade) and Kepler Street, exposed to more than 15,000 vehicles daily.

The listing comes after the fast-food giant committed to a new 10-year net lease commencing July 15 2026, alongside a major refurbishment of the premises. The lease structure includes annual CPI rental increases, offering buyers a direct hedge against inflation.

Rick Silberman, Ray White Retail partner and head of Victoria, said private capital, both domestic and offshore, is increasingly drawn to fast-food and quick-service restaurant assets due to their resilient, defensive characteristics.

"Right now more than ever, buyers are actively pursuing secure income from national, high profile tenants that are well situated on large landholdings on major roads," Mr Silberman said.

"When a property ticks those boxes, we are consistently seeing increased enquiry levels and buyer activity given how scarce they are, particularly in Victoria."

The sale reflects ongoing investor confidence in Victoria’s premier regional locations.

Warrnambool serves as a major economic hub for the state's south-west, supporting a regional catchment of more than 100,000 people and drawing more than 700,000 tourists annually.

"Fast food remains an incredibly resilient asset right now," Mr Silberman said.

"KFC’s significant refurbishment of the store in addition to 10-year lease extension is a strong endorsement for their long-term commitment to this location."

The property is for sale via expressions of interest, closing Wednesday, 19 August at 3:00pm.

HIGH-RES IMAGE HERE

Back to top