Fast-food property investment hits $51.3m as yields firm
Yields firmed to 4.63% from 4.76%, CBRE data showed.
Fast-food asset sales in Australia totalled $51.295m in the March 2026 quarter, up from $42.675m in the March 2025 quarter, according to CBRE Private Wealth data.
Yields firmed to 4.63% in the quarter from 4.76% a year earlier, the data showed.
CBRE also transacted five fast-food properties for a combined $28.61m through its Portfolio Auction event, which recorded more than $130m in transactions and a 91% success rate.
Amongst the sales, the El Jannah at 597 Dorset Road, Bayswater North, sold for A$3.31m on a 4.82% return, or $410,000 above reserve. The 449sqm restaurant operates on a 10-year head office lease, generating $159,559 per annum.
The KFC at 17 Norton Promenade, Dalyellup in Western Australia, sold for $5.45m on a 4.18% return. The property is secured by a 10-year net lease to Collins Foods and generates A$228,093 per annum.
Another KFC at 104-106 Princes Highway, Pakenham, sold for $6.85m on a 4.79% yield.
