Brand New Metro Adelaide Freehold in South Australia's Fastest Growing LGA

Description

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.
+ 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. (1)
+ 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. (2)
+ Munno Para: booming metro Adelaide growth suburb with population forecast to surge 146% by 2046. (3)
+ City of Playford: the fastest growing LGA in South Australia, with population forecast to grow 65% by 2041. (4)
+ 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. GapMaps
2. Playford Alive
3. Profile.id
4. Plan SA

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Contact agents
Beau Coulter Senior Director
0413 839 898
Justin Kramersh Director
+61 460 349 605
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Munno Para, SA

Lot 202/ 2 Curtis Road

For Sale by Portfolio Auction
Wednesday 13th May 10:30AM Crown Casino - Garden Room - Melbourne

This property is part of Portfolio 184

Price: Contact Agent

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