• Secure 4 + 4 year lease with fixed 3% increases
• 5.5% net yield on a modern strata retail asset
• Located in a high-density neighbourhood centre

We are pleased to have represented our investor client in the acquisition of a modern strata retail investment located within the fully leased a local neighbourhood centre in Melbourne’s rapidly expanding northern corridor. Securely under a new 4 + 4 year lease with fixed 3% annual rental growth and a tenant-funded outgoing structure, the asset delivers stable and predictable cash flow at an initial net yield of 5.5%. Surrounded by schools, childcare, aged care facilities and daily-needs retail, the property benefits from consistent foot traffic and long-term demand for essential services. This acquisition represents a low-maintenance, defensible investment underpinned by strong tenant commitment and resilient suburban fundamentals.