New 6 Year Lease to National Tenant | Premium Activity 1 Zoning With Development Upside
Description
Burgess Rawson from CBRE is delighted to offer to the market, Dosa Hut at 23 Synnot Street, Werribee VIC for Private Sale
Key investment highlights include:
+ Six (6) year lease through to 30 September 2029 plus option to 2035.
+ Dosa Hut: Australia’s fastest growing Indian Restaurant with a network of 25+ stores across Australia.
+ Rare 4% annual rent increases, ensuring strong future rental growth.
+ Landlord friendly lease terms – tenant pays all outgoings excluding land tax.
+ Prominent 894sqm* Activity Centre Zone 1 (ACZ1) freehold site with 20m* frontage to Princes Highway via Synnot Street.
+ Significant redevelopment opportunity with potential building height up to 18.5m* (STCA).
+ Surrounded by major retail, hospitality, civic and transport amenities including Pacific Werribee Shopping Centre, a major SC anchored by Woolworths, Coles, K-Mart plus 300 specialty stores, Werribee Train Station
and Wyndham Cultural Centre.
+ Head Office Lease including personal guarantees from the franchisor and important bank guarantee.
+ Wyndham City is Australia’s fastest growing municipality, with population forecast to grow 50% by 2041.**
+ Rent: $155,750 pa + GST (as at October 2025)
+ Net Income: $151,760 pa* + GST (as at October 2025).
* Approx
** Forcast.id
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Contact agents
Justin Kramersh Director
0460 349 605
Scott Hawthorne Senior Manager
0400 861 048Enquiry Form
Werribee, VIC
23 Synnot Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 179
Contact agents
-
Justin Kramersh Director
0460 349 605 -
Scott Hawthorne Senior Manager
0400 861 048