Melbourne-based Indian restaurant chain Dosa Hut has opened its first store on the Gold Coast – the 20th in its fast-growing east-coast focused portfolio.
Dosa Hut has signed a five-year lease for a 165 square metre area at Crestwood Plaza, a convenience shopping centre, in Molendinar.
The company said it was looking for a location within a suburban catchment and with ease of access to major road networks.
“Crestwood Plaza offered a perceived geographical centre to service both the northern catchment and parts of southern Gold Coast with ease,” a restaurant spokesperson said.
At 458 Olsen Avenue, it is estimated about 57,000 cars a day drive past the centre.
It includes 190 car parks, a full-line Supa IGA and 17 specialty stores, and fronts the Crestwood Heights housing estate, adjacent to a Bunnings warehouse, opposite land owned by Griffith University and earmarked for development.
Knight Frank associate director – retail leasing, Tanaka Jabangwe, said the Gold Coast retail market continues to be largely driven by demand from local and interstate food and beverage operators.
“After the Commonwealth Games we’ve seen an increase in enquiry from established operators seeking high-profile positions across the city,” the broker said.
Dosa Hut’s has other restaurants in Queensland. It also trades from outlets in Victoria, New South Wales and the Australian Capital Territory, all on Australia’s east coast.