PILLAR OF THE COURT: RETAIL INVESTMENT IN THE HEART OF DONCASTER EAST.

Sale Details

Sold on 21 Mar 2025 for $2,150,000

Description

POINT OF INTEREST:

From the prime location in the heart of Jackson Court Shopping Centre to the highly regarded butcher and grocer operating here, when it comes to retail investment in Melbourne’s East — this is the best cut in the cabinet. Facing Dan Murphy’s and surrounded by placemaking stores like ALDI, Bendigo Bank and Australia Post, the high foot traffic has turned this Persian Halal Butchery & Grocery Store into a mainstay operator here. They’re paying $118,000 per annum + GST, with a renewed 4-year term commencing on the 15th of June 2024. You’ve also got excellent connectivity through a bus stop only metres away, while the Eastern Freeway is just 1.2 km* from here, placing Melbourne’s CBD within reach in under 30 minutes. A secure tenant with a long-term agreement, this is a low-maintenance investment in a high-demand retail precinct.

- Leased to Persian Najib Group Pty Ltd trading as Persian Halal Butchery & Grocery Store.
- $118,000 per annum plus GST in leasing income.
- Renewed Four (4) year lease from 15th June 2024 with further options
- Annual rental reviews .
- Director and Bank guarantees
- Generous 153 sqm* total building area.
- Commercial 1 zoning.
- Allocated on-site car space and rear loading access via right-of-way.
- 1.2 km* to the Eastern Freeway.


POINT OF VIEW:

A refreshed agreement on a longstanding legacy, this pillar of the community is the closest thing you’ll get to a risk-free investment. Follow the crowds to this shopping centre and your portfolio will only grow with the surrounding disposable income figures.

*Approx.
Pricing excludes GST