Burgess Rawson from CBRE, CBRE WA and Burgess Rawson WA are pleased to offer to market the freehold KFC located at Lot 2/1 Adelong Avenue (corner Warnbro Sound Avenue), Golden Bay (Perth) WA for sale via Investment Portfolio Auction 181.

The property has the following key investment highlights:

+ Brand new Fifteen (15) year lease to November 2040 plus options to 2065.
+ Collins Foods: ASX listed with 289 KFC stores in Australia and current market cap of $1.24 billion. (1)
+ KFC: global fast-food brand with 800+ locations across Australia. (2)
+ Guaranteed growth via fixed 3% annual rent increases.
+ Investor preferred net lease terms with tenant paying all outgoings including building insurance and land tax. (3)
+ Brand new November 2025 construction, significant deprecation benefits with 83% of year 1 rent potentially tax free. (4)
+ Immaculate 270sqm* freestanding KFC restaurant with dual lane drive thru.
+ Important 11 on-title sealed and lined car spaces.
+ Prime 1,664sqm* freehold landholding in heart of Golden Bay town centre.
+ Amongst brand new Hungry Jack’s, under construction ALDI and Grill’d plus 7-Eleven, Chicken Treat and more.
+ With 500 metres* of Comet Bay College (1,879 students), Golden Bay Primary School (501 students) and 3 childcare centres.
+ Benefits from Peet’s Golden Bay Estate which will house 6,000 residents upon project completion. (5)
+ Golden Bay: metro Perth suburb with median house price up 12.5% over past 12 months. (6)
+ City of Rockingham: booming location, population forecast to grow 51.84% by 2046. (7)
+ Net Income: $245,000pa* + GST

To be sold via Investment Portfolio Auction
10:30am AEDT Wednesday 10th December 2025
Crown Casino, Melbourne

* the brand new Hungry Jack’s in Golden Bay (Perth) WA which adjoins the subject property is also available for sale separately.

Burges Rawson from CBRE
Beau Coulter – 0413 839 898

CBRE WA
Chloe Mason – 0466 610 729

Burgess Rawson WA
Rob Selid – 0412 198 294

* Approx
1. Collins Foods
2. KFC
3. outgoings capped at $15,000 in year 1, cap amount increases by 3% annually thereafter
4. J Mathew Advisory
5. Peet
6. Realestate.com.au
7. Forecast.id