New 7 Year Lease to Successful Kebab Restaurant + Opts to 2041 | 2024 Construction - Max Depreciation Benefits
Description
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.
+ 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
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Contact agents

Shaun Venables Partner
0411 860 865
Romanor Falconer Sales Executive
0413 830 808Enquiry Form
Cranbourne North, VIC
Shop 2/ 1591 Thompsons Road
- Sold Price: Contact Agent
This property was sold as part of Portfolio 175
Contact agents
-
Shaun Venables Partner
0411 860 865 -
Romanor Falconer Sales Executive
0413 830 808