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Rare Brighton Supermarket Investment, Trading for 40+ Years
140 & 142A Martin Street, Brighton VIC

Stonebridge Property Group is pleased to present for sale 140 & 142A Martin Street, Brighton, a rare freehold supermarket located in one of Melbourne’s most prestigious Bayside suburbs.

The key highlights of the opportunity include:

  • 100% tenanted by highly popular supermarket, Grape & Grocer, on a renewed 9-year net lease
  • Boasting a strong 40+ year track record of supermarket trading success
  • The central Martin Street Village landholding spans 597 sqm*, with the freehold interest of 140 Martin Street making up 375 sqm*
  • Tenants enjoy exposure via 18 m* of Martin Street frontage and benefit from highly accessible rear lane access
  • The prominent building spans 480 sqm* of prime open plan retail space
  • Next to Gardenvale Station (30 m*), Star of the Sea College (470 m*) and various other popular retailers, driving foot traffic to the thriving retail village
  • Brighton is a premier Bayside suburb and one of the most affluent in Victoria, currently boasting a median house price of $3,174,250^
  • Currently providing annual income of $135,200 + GST*, benefiting from strong 4% fixed annual rental increases

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

*Approximately

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