OVERVIEW

Cushman & Wakefield Strata Markets is delighted to exclusively present for sale 162 Whitehorse Rd, Blackburn, anchored by a secure lease to Jefferies, a prestigious high-end supermarket. Positioned in a thriving retail precinct, this is a set-and-forget investment with exceptional fundamentals.

• Leased to Jefferies Provedore, a distinguished high-end supermarket operator renowned for quality and reliability, ensuring a stable and low-risk income stream, with another thriving location in Croydon reinforcing their market strength.

• A robust 15-year lease term with three (3) additional 5-year options, extending potential occupancy through to September 2053, providing investors with unparalleled long-term security.

• Delivering a substantial annual income of $310,500 + GST + outgoings, complemented by fixed 3.5% annual increases to enhance yield over time, with the next rental review scheduled for September 2025.

• Spans an expansive 1,009m²* corner position with prominent street frontage, offering maximum visibility, high foot traffic exposure and 45 car spaces on title to enhance customer accessibility and convenience.

• Situated within a state-of-the-art mixed-use development completed by PACE Development Group in 2023, featuring a capital-intensive fit-out and offering significant tax depreciation benefits to maximize investor returns.

• Ideally located in the heart of Blackburn’s bustling retail hub, surrounded by high-traffic precincts, complementary businesses, and affluent residential communities, ensuring sustained demand and growth potential.

For Sale via Expressions of Interest closing Thursday 5th of June 2025 at 12pm

For further details, contact Cushman & Wakefield Strata Markets, the exclusive selling agents:

Raphael Favas | +61 435 916 380

Jack Cooper | +61 498 231 704

Valerie Tang 邓梓珊 | +61 421 271 215 | Wechat: Valerie_1999530