CBRE is proud to offer to the market this brand new freestanding KFC at 2/1587 Thompsons Road, Cranbourne North VIC for sale via Investment Portfolio Auction 187.

The property has the following key investment highlights:

+ Brand new 10 year NET lease commencing 1 August 2026, plus 4 x 10 year options extending to 2076.

+ KFC: Iconic fast-food brand serving over 2 million customers weekly across 812+ national outlets.

+ Southern Restaurants Group: Australia’s largest privately owned KFC franchisee operating 113 stores across VIC, NSW & ACT with 7,000+ employees.

+ Significant 2,008sqm* site featuring dual lane drive thru & 25 on-title car spaces.

+ Immaculately presented 292sqm* building completed in 2025 to the latest corporate design.

+ New construction offering huge depreciation tax benefits, with 71% of Year 1 Rent potentially Tax Free on an ungeared basis!

+ Strategic position amongst nationally and globally recognised operators including Nando’s, Zambrero, Ampol, Woolworths and Chemist Warehouse.

+ Directly opposite the 317 hectare* Croskell Employment Precinct, a State Government approved precinct set to deliver 6,800 jobs, with a $1.1 billion data centre currently proposed within the precinct.^

+ Outstanding exposure via Thompsons Road, capturing 31,000+ vehicles daily.^^

+ Landlord friendly net lease with tenant responsible for all outgoings excluding land tax.

+ Fixed 3% annual rent increases delivering strong and certain rental growth.

+ City of Casey: One of Victoria’s fastest growing LGAs with the population forecast to reach over 614,000 by 2046, underpinning exceptional long-term trade growth and demand.^^^

+ Net Income: $335,760 pa* + GST.

For Sale by Investment Portfolio Auction 187
10:30am (AEST) Wednesday 16 September 2026
Crown Casino, Melbourne

Please contact the exclusively appointed sales team for more information.

Justin Kramersh
0460 349 605
Justin.Kramersh@cbre.com

Beau Coulter
0413 839 898
beau.coulter@cbre.com

* Approx
^ VPA
^^ GapMaps
^^^ Forecast.id
! JM Advisory