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DESCRIPTION:Brand New Metro Adelaide Freehold in South Australia's Fastest
  Growing LGA\nCBRE and RWC Adelaide are pleased to offer to market the fr
 eehold North Kitchen located at Lot 202/2 Curtis Road\, Munno Para (Adela
 ide) SA for sale via Investment Portfolio Auction 184.                \n\
 nThe property has the following key investment highlights:\n\n+ Brand new
  Seven (7) year lease to January 2033 plus options to 2039. \n+ North Kit
 chen: popular cafe/restaurant\, owned and managed by experienced hospital
 ity operator with 15+ years experience across AUS. \n+ Lease provides for
  personal director guarantees plus strong security deposit. \n+ Guarantee
 d growth via fixed 3.5% annual rent increases. \n+ Tenant pays all usual 
 outgoings including rates and insurances plus management fees. \n+ Brand 
 new 277sqm* freestanding restaurant plus outdoor alfresco dining construc
 ted 2026. \n+ Strong depreciation benefits for incoming purchaser. \n+ Hi
 gh profile 1\,095sqm* freehold site with important 10 on-title sealed and
  lined car spaces. \n+ Direct exposure to busy Main North Road with 44\,1
 00+ vehicles passing daily. (1)\n+ Within new LFR centre including RSEA\,
  BCF\, Sydney Tools\, Petbarn\, Nando's\, Zarraffa's\, Zambrero and more.
 \n+ Metre's from Playford Alive\, one of Australia's largest urban renewa
 l projects projected to house 40\,000 people upon completion. (2)\n+ Munn
 o Para: booming metro Adelaide growth suburb with population forecast to 
 surge 146% by 2046. (3)\n+ City of Playford: the fastest growing LGA in S
 outh Australia\, with population forecast to grow 65% by 2041. (4)\n+ No 
 stamp duty payable.\n+ Net Income: $131\,575pa* + GST\n\n\nTo be sold via
  Investment Portfolio Auction\n10:30am AEST Wednesday 13 May 2026\nGarden
  Room\, Crown Casino\, Melbourne\n\n\n*Approx\n1. GapMaps\n2. Playford Al
 ive\n3. Profile.id\n4. Plan SA
DTEND:20260513T113000
DTSTAMP:20260415T045051Z
DTSTART:20260513T103000
LOCATION:Crown Casino - Garden Room - Melbourne
SEQUENCE:0
SUMMARY:Auction: Lot 202/2 Curtis Road\, Munno Para SA
UID:CRE-2020762242-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>Brand New Metro Adelaide Freehold i
 n South Australia's Fastest Growing LGA <br/> CBRE and RWC Adelaide are p
 leased 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.                 <br/>  <br/> The property has the following
  key investment highlights: <br/>  <br/> + Brand new Seven (7) year lease
  to January 2033 plus options to 2039.  <br/> + North Kitchen: popular ca
 fe/restaurant\, owned and managed by experienced hospitality operator wit
 h 15+ years experience across AUS.  <br/> + Lease provides for personal d
 irector guarantees plus strong security deposit.  <br/> + Guaranteed grow
 th via fixed 3.5% annual rent increases.  <br/> + Tenant pays all usual o
 utgoings including rates and insurances plus management fees.  <br/> + Br
 and new 277sqm* freestanding restaurant plus outdoor alfresco dining cons
 tructed 2026.  <br/> + Strong depreciation benefits for incoming purchase
 r.  <br/> + High profile 1\,095sqm* freehold site with important 10 on-ti
 tle sealed and lined car spaces.  <br/> + Direct exposure to busy Main No
 rth Road with 44\,100+ vehicles passing daily. (1) <br/> + Within new LFR
  centre including RSEA\, BCF\, Sydney Tools\, Petbarn\, Nando's\, Zarraff
 a's\, Zambrero and more. <br/> + Metre's from Playford Alive\, one of Aus
 tralia's largest urban renewal projects projected to house 40\,000 people
  upon completion. (2) <br/> + Munno Para: booming metro Adelaide growth s
 uburb with population forecast to surge 146% by 2046. (3) <br/> + City of
  Playford: the fastest growing LGA in South Australia\, with population f
 orecast to grow 65% by 2041. (4) <br/> + No stamp duty payable. <br/> + N
 et Income: $131\,575pa* + GST <br/>  <br/>  <br/> To be sold via Investme
 nt Portfolio Auction <br/> 10:30am AEST Wednesday 13 May 2026 <br/> Garde
 n Room\, Crown Casino\, Melbourne <br/>  <br/>  <br/> *Approx <br/> 1. Ga
 pMaps <br/> 2. Playford Alive <br/> 3. Profile.id <br/> 4. Plan SA</P></b
 ody></html>
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