CBRE is pleased to offer to the market Kirushna’s Tasty Kitchen, located at 46 Steen Avenue, Wollert VIC 3750, for sale via Investment Portfolio Auction.

This opportunity has the following key investment highlights:

+ Leased to Kirushna’s Tasty Kitchen through to January 2028 plus two (2) further five (5) year options through to 2038
+ Kirushna’s Tasty Kitchen: family-owned Indian & Sri Lankan inspired restaurant serving an extensive menu of authentic cuisine, available for dine-in, takeaway and delivery via Uber Eats, DoorDash and Menulog.
+ Landlord-favourable fixed 3% annual rent increases, ensuring reliable rental growth throughout the term.
+ Attractive net lease structure with tenant responsible for usual outgoings.
+ Strong security with three (3) months’ Bank Guarantee plus personal guarantee to the performance of the lease.
+ Recent construction, offering income tax-saving depreciation benefits for investors.
+ Part of the same Steen Avenue development as IGA Local Grocer and bottle shop, positioning the asset within a growing neighbourhood convenience and dining precinct.
+ Wollert: a high-growth northern Melbourne corridor experiencing rapid residential expansion with significant infrastructure investment and population growth.
+ City of Whittlesea: One of Victoria’s fastest growing municipalities, underpinned by sustained demand for food, beverage and essential retail services.
+ Net Income: $41,641 pa* + GST

For Sale by Investment Portfolio Auction
10:30 am AEST Wednesday 13 May 2026
Garden Room, Melbourne Crown Casino, VIC

*Approx