Sold
Brand New Drive-Thru Fast Food Investment – Tenant Pays Land Tax
El Jannah, 930 Burwood Highway, Ferntree Gully VIC
SOLD
Stonebridge is pleased to present El Jannah Ferntree Gully (Melbourne) for sale.
- 100% leased to El Jannah on a brand new 15 year net lease to 2039 with 4% annual increases plus a further 15 year option to 2054
- El Jannah – an Australian-owned fast food restaurant with 20+ years of successful trading history and 30+ locations nationally
- Prominent 1,600 sqm* corner site improved by a brand new fast food outlet with drive-thru and 12 on title car parks
- Highly exposed landholding with 90m* of corner frontage to Burwood Highway (48,000*+ passing vehicles daily)
- Strategic Burwood Highway location between two prominent LFR precincts and 650m* from the Mountain Gate Shopping Centre
- Newly built in September 2024 offering outstanding tax depreciation benefits and minimal CAPEX requirements
- Providing annual net income of $295,000 pa* + GST (tenants pays land tax)
To obtain further information, or arrange an inspection please contact the exclusive selling agents.
*Approximately
