CBRE and RWC Adelaide are pleased to offer to market the freehold North Kitchen located at Lot 202/2 Curtis Road, Munno Para (Adelaide) SA for sale via Investment Portfolio Auction 184.

The property has the following key investment highlights:

+ Brand new Seven (7) year lease to January 2033 plus options to 2039.
+ North Kitchen: popular cafe/restaurant, owned and managed by experienced hospitality operator with 15+ years experience across AUS.
+ Lease provides for personal director guarantees plus strong security deposit.
+ Guaranteed growth via fixed 3.5% annual rent increases.
+ Tenant pays all usual outgoings including rates and insurances plus management fees.
+ Brand new 277sqm* freestanding restaurant plus outdoor alfresco dining constructed 2026.
+ Strong depreciation benefits for incoming purchaser with 36% of year 1 rent potentially tax free. (1)
+ High profile 1,095sqm* freehold site with important 10 on-title sealed and lined car spaces.
+ Direct exposure to busy Main North Road with 44,100+ vehicles passing daily. (2)
+ Within new LFR centre including RSEA, BCF, Sydney Tools, Petbarn, Nando’s, Zarraffa’s, Zambrero and more.
+ Metre’s from Playford Alive, one of Australia’s largest urban renewal projects projected to house 40,000 people upon completion. (3)
+ Munno Para: booming metro Adelaide growth suburb with population forecast to surge 146% by 2046. (4)
+ City of Playford: the fastest growing LGA in South Australia, with population forecast to grow 65% by 2041. (5)
+ No stamp duty payable.
+ Net Income: $131,575pa* + GST

To be sold via Investment Portfolio Auction
10:30am AEST Wednesday 13 May 2026
Garden Room, Crown Casino, Melbourne

*Approx
1. J Mathew Advisory
2. GapMaps
3. Playford Alive
4. Profile.id
5. Plan SA
RLA208125