Shop 2/1591 Thompsons Road Cranbourne North VIC 3977

Burgess Rawson is delighted to offer to the market the Cranbourne Grill & Kebab House at 2/1591 Thompsons Road, Cranbourne VIC for sale via Investment Portfolio Auction 175.

This property has the following investment highlights:

+ Long seven (7) year lease to October 2031, plus options to 2041.
+ Cranbourne Grill & Kebab House: successful kebab restaurant, one of two locations in Victoria open 7 days a week with dine in/out and delivery options.
+ Immaculately presented 92sqm* premises neighbouring Woolworths, Chemist Warehouse, Ampol, Aspire Early Education Centre, KFC, Nando's and Zambrero's.
+ Fixed 3.5% annual rent increases ensuring income growth.
+ Brand new 2024 construction, providing maximum tax saving depreciation benefits.
+ Landlord-favourable net lease terms, with tenant responsible for usual outgoings.
+ Frontage to major arterial road link, Thompsons Road with 13,800 vehicles passing daily**
+ Adjacent to MAB & Galileo Group's future $800 million Croskell industrial precinct, comprising over 180,000sqm of industrial and logistic space, set to benefit from surrounding industrial estates developed by LOGOS, Goodman Group, ESR Australia and Salta Properties.****
+ Part of Oreana's future business centre development, complemented by surrounding retailers.
+ Household spending on fuel in Cranbourne North is $70.60 million (1.97%), compared to the Victorian average of 1.81% ($6,892.54 million).**
+ City of Casey: One of Victoria's fastest growing LGA's with population forecast to increase 48.4% to a significant 614,075 by 2046.***
+ Net Income: $56,525 pa* + GST.

For Sale via Investment Portfolio Auction 175
From 10:30am (AEDT), Wednesday 26 March 2025
Crown Casino, River Rooms, Melbourne

For further information, please contact the Burgess Rawson selling agents.

*Approx
**GapMaps
***Forecast.id
****MAB