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

RWC Adelaide and CBRE 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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