Circa 6 % net return " Leased to a National Tenant ".

Overview

Description

POINT OF INTEREST:
In a precinct where health, performance, and consistency matter, it’s fitting that this Bundoora retail investment comes powered by a national tenant built on exactly that. Leased to a National Tenant with over 120* stores Nutrition Warehouse — a brand that’s renewed once and already requested another extension — on a 3-year lease from November 2025, 3% fixed increases, and a current income of $78,280 + GST per annum. Across 121 sqm*, the asset platforms its tenant with an 8 m* frontage to one of the north’s busiest arterials, with approximately 40,000 cars passing daily and a tram stop practically on the doorstep. Rear access makes loading seamless, the internal layout suits a range of future uses, and ample off-street parking keeps customer convenience firmly in play. With heating and cooling throughout and an established retail ecosystem anchored by brands like Officeworks and Barry Plant, this is a location that rewards visibility as much as reliability. For investors seeking a national covenant, major arterial exposure, and an address with genuine staying power, this is a Bundoora investment built to go the distance.

- Leased to Nutrition Warehouse Pty Ltd on a 3-year term.
- $78,280 plus GST per annum as of 1st November , 2026
- 121 sqm* total building area.
- Prominent main road exposure to 40,000* passing cars daily.
- Mixed use zoning.
- Ample off-street car parking.
- Wide shopfront of over 8 m* to Plenty Road.
- 2.2 km* from Metropolitan Ring Road.
- 79 m* from the 86 tram stop.
- 14 km* from Melbourne CBD.

POINT OF VIEW:
When your income stream comes backed by a brand built on results, you know the fundamentals are solid. Give your portfolio the supplement it’s been missing and lift your long-term performance.


*Approx.
Pricing excludes GST