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Wednesday, October 21, 2026Updated 07:31 UTC

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A newly built Nando’s drive-through in Australia sold for $5.845 million

Source: Times of India · Oct 21, 2026 02:45 UTC

A fully loaded container ship at sea — File photo NOAA's National Ocean Service / Flickr · CC BY 2.0 · Source

The Quick Take

A newly built Nando's drive-through site in Cranbourne North has been acquired for $5.845 million by a New South Wales investor. The development includes a dual-lane drive-through facility and is secured by a long-term lease with Nando's Australia, ensuring an anticipated annual net income of $319,035, alongside fixed rent hikes of 3%. The transaction indicates a rising trend in commercial propert

Read the full story at Times of India

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