• Secured lease to an established operator

• 3-year lease with 3+2 year further options

• Entry-level freehold retail asset

• Tenant responsible for 100% of outgoings

Our client successfully acquired an entry-level neighbourhood retail asset located within a tightly held retail precinct in Melbourne’s established eastern suburbs. The property is secured under a lease arrangement commencing in December 2025, featuring a 3-year initial term with an additional 3-year and 2-year option, ensuring excellent rental stability. The tenant is responsible for 100% of outgoings (excluding land tax), supporting a highly landlord-favourable net income profile.

Generating a reliable net income of $30,000 per annum (plus GST), this acquisition delivers strong, immediate cash flow with a 5.82% net yield on the purchase price. The opportunity serves as an accessible metropolitan retail holding, offering our client fixed 3% annual rental growth and clear long-term flexibility within a resilient, service-based local catchment.