The premium quick service restaurant (QSR) asset attracted significant interest from both local and interstate investors, with the property ultimately purchased by a high net worth private investor from New South Wales. The vendor was an established South Australian property development group.
The campaign was managed by RWC Adelaide agents Oliver Totani and Jack Dyson, who highlighted the exceptional fundamentals underpinning the investment opportunity.
Strategically positioned within one of Adelaide’s most proven fast food precincts, the property is secured by a brand-new 15-year head office lease to Nando’s through to November 2040, with further options extending to 2050. Constructed in 2025, the asset also offers substantial depreciation benefits.
The property is leased to global fast food giant Nando’s, which operates more than 1,200 restaurants across over 30 countries worldwide. Importantly, the Munno Para location represents the first drive-thru Nando’s store in South Australia and returns a net income of approximately $320,000 per annum plus GST.
RWC Adelaide’s Oliver Totani said the campaign generated exceptionally strong enquiry levels from a broad investor pool.
“We received more than 50 individual enquiries throughout the campaign from both local and national buyers, highlighting the continued depth of demand for premium QSR investments,” Mr Totani said.
“Investors are increasingly targeting assets with strong underlying fundamentals, particularly those positioned within high-performing retail and fast food corridors with proven demographic growth.”
RWC Adelaide’s Jack Dyson said investor appetite for high-quality fast food investments remained extremely strong despite broader economic uncertainty.
“Demand for these assets continues to outweigh supply, particularly for investments backed by national or international fast food operators on long-term leases,” Mr Dyson said.
“Even with some market uncertainty surrounding recent discussions around capital gains tax and negative gearing changes, well-located QSR assets continue to perform exceptionally well and remain highly sought after by private investors.”
The sale further reinforces the ongoing strength of the quick service restaurant investment sector, with investors continuing to prioritise defensive retail assets secured by established national and international brands.
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