Longstanding ASX Tenanted Investment – Rare Lease Flexibility

Location: Warrigal Road, Bentleigh East, Melbourne VIC 3165

The key highlights of the opportunity include: 

• Tenanted by ASX listed Baby Bunting – 70 stores nationally with annual revenue of $229.34m^
• High quality 1,689 sqm* large format retail building with 53 m* of prominent Warrigal Road frontage, fronting 99* at-grade car parks
• Strategically neighbouring McDonalds and opposite The Links Shopping Centre, anchored by Bunnings, Woolworths, Chemist Warehouse & more
• Flexible lease structure offered with no further options after January 2026 – providing investor, occupier & value-add opportunities
• One of Baby Buntings first ever stores, successfully trading from this location for 21+ years
• Net income $460,134 + GST pa* (as at Jan-2024) + 4% annual increases, tenants pays all usual outgoings including land tax

*This commercial listing item is in conjunctional with Stonebridge Property Group.