Fast Food
Metro
Burgess Rawson
Sold
Zambrero Cranbourne North
3/1585 Thompsons Road, Cranbourne North, VIC 3977
Property Description
Zambrero Cranbourne North is a Fast Food asset located in Cranbourne North, VIC that was sold for $3,480,000 on 09 Dec 2025, with the transaction facilitated by Burgess Rawson. The property comprises 177 m² of building area, equating to $19,661 per square metre and is situated on a 892 m² landholding at a rate of $3,901 per square metre. The property was leased to Zambrero and generated an estimated net income of $174,025 and offered a WALE of 9.5 years, with further options extending the lease profile by an additional 10 + 10 years. The investment reflected a reported yield of 5% at the point of transaction.
Key Metrics
Sale Price
$3,480,000
09 Dec 2025
Yield
5.00%
Net Income $174,025
Land
892 m²
$3,901/m²
Building
177 m²
$19,661/m²
Tenancy
Single Tenant
Parks —
Parking
—
Rate —
Address & Location
| Full Address | 3/1585 Thompsons Road, Cranbourne North, VIC 3977 |
|---|---|
| Suburb | Cranbourne North |
| State / Postcode | VIC 3977 |
| Metro / Regional | Metro |
| Property ID | MBf7SdQ |
Asset & Physical
| Asset Type | Fast Food |
|---|---|
| Transaction | Sold |
| Zoning | — |
| Year Built | — |
| Tenancy | Single Tenant |
Sale & Metrics
| Sale Price | $3,480,000 |
|---|---|
| Sale Date | 09 Dec 2025 |
| Net Income | $174,025 |
| Yield | 5.00% |
| Land Area | 892 m² |
|---|---|
| Land Rate | $3,901/m² |
| Building Area | 177 m² |
| Building Rate | $19,661/m² |
Lease & WALE
| Rent Start | 08 Jan 2025 |
|---|---|
| Rent End | 30 Jun 2035 |
| Term (input) | 10 |
| WALE | 9.50 yrs |
| Rent Reviews | Fixed 3.5% |
|---|---|
| Options | 10 + 10 |
| Lease Confirmed | |
| Leased / Vacant | Leased |
Reference Links & Map
Agents
Justin Kramersh
Burgess Rawson
Shaun Venebles
Burgess Rawson
Matthew Wright
Burgess Rawson