CBRE are delighted to offer to market the brand new ‘Nandos’ at 1/1585 Thompsons Road, Cranbourne North VIC for sale via Investment Portfolio Auction 182.

The property has the following key investment highlights:

+ Long Fifteen (15) year ‘Head Company’ lease to 2040, plus Two (2) further Ten (10) Year options to 2060.
+ Nando’s Est 1987: UK based global fast food giant with over 1,150 locations in 35 countries and growing
+ Nando’s Australia Est 1990: wholly owned by Nandos International with 270+ stores nationally
+ Immaculately presented premises neighbouring KFC, Zambero, Woolworths, Chemist Warehouse, Ampol and Aspire Early Education Centre.
+ Fixed 3% annual rent increases ensuring income growth.
+ Brand new 2025 construction, fitted out to Nando’s latest corporate layout with important dual lane drive thru and on title car parking
+ Excellent income 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.(1)
+ 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.(2)
+ 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.(3)
+ Net Income: $314,025 pa* + GST.

To be sold via Investment Portfolio Auction 182
10:30am AEDT Wednesday, 25 February 2026
River Room, Crown Casino, Melbourne

*Approx
(1) GapMaps
(2) MAB
(3) Forecast.id