KFC Morwell | Secure Fast Food Investment

Ray White Retail is pleased to present 84-90 Princes Drive, Morwell VIC for sale by Auction on Wednesday 14 October at 10:45am (AEDT) at Level 28, 35 Collins Street, Melbourne.

| WHAT |
• Single-tenanted KFC drive-through investment
• Securely leased to Southern Restaurants Group, Australia's largest privately owned KFC franchisee group
• Rare ground lease structure, providing an exceptionally low-management investment
• Current rent below prevailing market levels.
• Forthcoming market rent review in June 2027 providing an immediate opportunity to unlock rental growth
• Net Income of $72,480 + GST p.a.

| WHERE |
• High-profile 2,525 sqm corner landholding* with extensive exposure across three street frontages
• Highly flexible Commercial 2 Zone (C2Z)
• Generous on-site parking for 41 vehicles
• Strategically positioned within Morwell's major retail and commercial activity precinct, generating strong and consistent daily traffic
• Adjacent to the Mid Valley Shopping Centre precinct, a key retail destination servicing Morwell and the broader Latrobe Valley
• Approximately 150km east of Melbourne*, within the major regional centre of Latrobe City

| WHY |
• KFC has occupied the site for more than 20 years, demonstrating proven and established trading history
• Long-term lease structure incorporating 6 x 5-year options extending through to 2057
• Tenant responsible for all usual property outgoings including building maintenance, providing a genuine set-and-forget investment
• Highly sought-after standalone fast-food investment combining a globally recognised brand, established trading location and significant future income upside

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Explore the area

View in Google Maps

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.