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

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Contact agents
David Napoleone Associate Director
0417 308 067
Justin Kramersh Director
0460 349 605
Nathan Mufale Senior Director
0421 224 354
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Bayswater North, VIC

597 Dorset Road

For Sale by Portfolio Auction
Wednesday 1st April 10:30AM Crown Casino - Melbourne

This property is part of Portfolio 183

Price: Contact Agent

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