Premium Metropolitan Melbourne Fast Food | Ten Year Lease to El Jannah
Description
CBRE is pleased to offer to market ‘El Jannah’ located at 597 Dorset Road, Bayswater North VIC for sale via National Investment Portfolio Auction 183.
The property has the following key investment highlights:
+ Ten (10) Year ‘head office’ lease from 1 March 2023 to 28 February 2033 plus Two (2) further Ten (10) Year options to February 2053.
+ El Jannah: highly established fast food brand with 27+ years of experience and 50+ stores nationally and plans to expand to 200+ stores in the coming years.
+ El Jannah was recently acquired for $1b by General Atlantic, a private equity firm established in 28 countries with $123 billion in assets under management(3).
+ Fixed, compounding 3% annual rent increases ensuring continued income growth.
+ Lease secured by Bank Guarantee equal to 3 months’ rent + GST.
+ Landlord favourable ‘net lease’ structure with the tenant responsible for all usual outgoings excluding land tax.
+ Well-presented 449 sqm* QSR building recently modernised in 2023 to the latest El Jannah corporate standards and design.
+ Valuable ‘pad site’ with 1,136 sqm* of land and 32 car spaces on title plus advertising pylon to Dorset Road.
+ Prime position at the intersection of major arterials Dorset Road and Canterbury Road with 69,000 combined passing cars daily. (4)
+ Proven location neighbouring KFC, Hungry Jacks, Guzman y Gomez, Shell and EG Ampol.
+ Bayswater North: metropolitan Melbourne suburb 29km* east from Melbourne CBD with median house price of $930,750(1).
+ City of Maroondah: eastern suburbs growth corridor with a population of over 121,000 expected to grow 15% by 2046 (2).
+ Net Income: $159,559 pa* + GST
For Sale via Investment Portfolio Auction 183
10:30am AEDT Wednesday 1 April 2026
Garden Room, Crown Casino, Melbourne
DAVID NAPOLEONE
0417 308 067
david.napoleone@cbre.com
JUSTIN KRAMERSH
0460 349 605
justin.kramersh@cbre.com
NATHAN MUFALE
0421 224354
nathan.mufale@cbre.com
*Approx
(1) realestate.com.au
(2) abs.gov.au & forecast.id
(3) General Atlantic
(4) Gap Maps
Enquire
Contact agents
David Napoleone Associate Director
0417 308 067
Justin Kramersh Director
0460 349 605
Nathan Mufale Senior Director
0421 224 354Enquiry Form
Bayswater North, VIC
597 Dorset Road
For Sale by Portfolio Auction
This property is part of Portfolio 183
Price: Contact Agent
Contact agents
-
David Napoleone Associate Director
0417 308 067 -
Justin Kramersh Director
0460 349 605 -
Nathan Mufale Senior Director
0421 224 354