Freehold Fast Food Investment | New 20 Year Net Lease | Tenant Pays Land Tax

Description

CBRE is offering for sale El Jannah, Belmont via National Portfolio Auction 183. The property represents an outstanding fast food investment, positioned in a high traffic retail thoroughfare on the edge of The Geelong CBD – the second largest city in Victoria.

The property has the following key investment highlights:

+ Long 20 year net lease to 2045 plus two further options of 20 years to 2085
+ Tenant pays all usual outgoings including single holding land tax
+ El Jannah: a market-leading fast food business with 50+ stores. Recent capital injection from New York based private equity firm General Atlantic – a global heavyweight with $123 billion** (USD) in assets under management ensuring El Jannah continue to thrive and expand their national network
+ Fixed annual 3.25% increases providing guaranteed rental growth
+ State-of-the-art restaurant with drive-thru facility and ample on-title car parking
+ 1,185sqm* Commercial 1 Zone landholding with excellent exposure to over 20,000*** vehicles passing daily
+ The property is Ideally positioned in Geelong, the largest regional city in Victoria and just 2.5km* from the Geelong CBD
+ In the main retail and lifestyle hub of Belmont, close to multiple national retailers including Aldi, Subway, KFC, McDonald’s, Dan Murphy’s, Nando’s, Subway and Belmont Village Shopping Centre anchored by Coles & Kmart
+ Net Income: $356,212 pa* (as at April 2026)

Please contact the exclusive selling agents at CBRE to obtain further information.

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)

David Napoleone
david.napoleone@cbre.com
+61 417 308 067

*Approximate
** General Atlantic
*** VicRoads

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Contact agents
Nathan Mufale Senior Director
0421 224 354
Scott Hawthorne Senior Manager
0400 861 048
Jing Jun Heng
0411 059 116
David Napoleone Associate Director
0417 308 067
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Belmont, VIC

85 High Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 183

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