El Jannah Niddrie, 4 Keilor Road Niddrie VIC 3042

Stonebridge Property Group is pleased to present El Jannah Niddrie (475-477 Keilor Road, Niddrie) for sale via Public On-Site Auction to be held on Friday 6 September 2024 at 2:30 pm (AEST).

- 100% leased to El Jannah on a brand new 15 year net lease to 2038 plus a 15 year option to 2053 with land tax recoverable and 4% increases

- El Jannah Australian-owned fast food restaurant with successful 20+ year history and 30+ locations nationally

- The flagship quick service restaurant (QSR) boasts a brand new 358 sqm* internal fit-out

- Strategically located 540 sqm* Commercial 1 zoned site with triple shop frontage, rear lane access & 4 on-title car parks

- Core Keilor Road retail position - one of 10 government designated Activity Centres earmarked for growth

- AAA+ surrounding lifestyle amenities near Niddrie Central Shopping Centre, DFO Essendon and Essendon Airport

- Providing annual net income of $273,000 pa* + GST

El Jannah Niddrie, (475-477 Keilor Road, Niddrie) is offered for sale via Public On-Site Auction to be held on Friday 6 September 2024 at 2:30 pm (AEST). To obtain further information, or arrange an inspection please contact the exclusive selling agents, Stonebridge Property Group.

Property Code: 1021