El Jannah Niddrie, 4 Keilor Road, Niddrie, VIC 3042

Retail

Sold

  • Property ID: 447188
  • Floor Area: 358m²
  • Land Area: 540m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 06/09/2024 358m2 540m2 Contact Agent
15 YEAR NET LEASE TO FAST FOOD POWERHOUSE WITH 4% ANNUAL INCREASES

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

To obtain further information, or arrange an inspection please contact the exclusive selling agents, Stonebridge Property Group.

Property Code: 1021

Niddrie Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $286 ---
Offices --- $343 ---
This is the average advertised price, rent and yield for Niddrie, VIC 3042*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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  Stonebridge Property Group

 

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Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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