12/05/2026
Sold // Nando's, Munno Para
RWC Adelaide is pleased to announce the successful sale of this brand new freestanding Nando’s investment, positioned in the heart of Munno Para’s proven fast-food and large format retail precinct.
The campaign highlighted the continued strength of the QSR retail market, with significant private capital still seeking secure, long-leased assets backed by strong national and global tenant covenants. While broader market conditions remain selective, quality QSR investments continue to attract deep buyer demand, with yields tightening and bucking the wider trend.
Key investment highlights:
✔️ Brand new 277sqm* freestanding Nando’s with dual-lane drive-thru
✔️ South Australia’s first drive-thru Nando’s store
✔️ New 15-year head office lease to November 2040, with options to 2050
✔️ Net income of $320,000 p.a.* + GST
✔️ Fixed 3% annual rent increases providing guaranteed income growth
✔️ Tenant pays all usual outgoings, including building insurance and management fees
✔️ High-profile 1,378sqm* Torrens Title freehold site
✔️ Exposure to both Main North Road and Curtis Road
✔️ 44,100 vehicles passing daily along Main North Road*
✔️ Positioned alongside Zarraffa’s, Jax Tyres & Auto, North Kitchen, RSEA, BCF, Sydney Tools, Petbarn, Zambrero and more
✔️ Located within South Australia’s fastest growing LGA
✔️ No stamp duty payable
This result reinforces the strength of private investor appetite for premium QSR assets, particularly those offering new construction, long leases, rental growth and exposure to high-growth trade areas.
For strategic advice on your property, contact the RWC Adelaide team.
***In conjunction with CBRE