Lot 2/17 Symphony Lane, Wollert, Vic 3750

CBRE is pleased to offer to the market El Jannah located at Lot 2/17 Symphony Lane, Wollert VIC for sale via National Portfolio Auction 188.          

This investment has the following key highlights:

+ Long Twenty (20) Year lease to 19 August 2046 plus Two (2) further Ten (10) Year options to 19 August 2066.
+ El Jannah: established fast food chain with 64+ locations, looking to grow to 200+ in the next 5 years, and backed by $130 billion investment giant General Atlantic. (1)
+ General Atlantic: recently acquired a majority stake in El Jannah for $1 billion, a major global private equity firm with $130 billion in assets under management. (2)
+ A huge 75.4% compounding rental growth in the first term through fixed 3% annual rent increases with no mid term market reviews!!
+ Brand new construction (2026), offering maximum depreciation saving benefits.
+ Highly desirable net lease structure with tenant responsible for all usual outgoings, excluding land tax.
+Impressive 1,572 sqm* Freehold site with no common property and expansive dual lane wrap-around drive-thru and important 14 on-title car spaces.
+ Purpose built 295 sqm* fast food restaurant with major tenant funded fit out to El Jannah’s latest corporate design and layout.
+ Situated in a brand new fast food & convenience retail precinct adjoining McDonald’s, KFC, GyG and BP with seamless integration.
+ Situated at the epicentre of one of Melbourne's most significant urban growth corridors, with over 17,900 new homes currently under construction or approved within a 6km* radius, representing one of the largest concentrations of committed residential investment in Victoria's north. (3)
+ 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, with population forecast to reach 360,000+ by 2041. (4)
+ Net Income: $342,670 pa* + GST

To be sold via Investment Portfolio 188
10:30am (AEDT), Wednesday 28 October 2026,
Crown Casino, Melbourne, Horizon Room.
 
The adjoining Guzman Y Gomez property will be offered for sale on the same day.
 
*Approx
(1) El Jannah
(2) General Atlantic
(3) Openlot
(4) .id