Stonebridge Property Group and Savills are excited to offer for sale this highly prized large format retail investment in the heart of Blackburn’s Homemaker precinct, offered for the first time in 31 years.

– Dominant freestanding investment in the highly coveted Eastern suburb of Blackburn

– Renewed long-term net lease to national retailer Early Settler (56 stores)

– Prominent site of 2,903 sqm* and convenient on grade car parking for 27 vehicles

– Favourable Commercial 2 Zone offering significant long-term redevelopment potential

– Commanding 63 m* frontage to Whitehorse Road

– Excellent exposure to some 44,500 vehicles per day

– Zero vacancy in 31 years of ownership with Early Settler in occupation since 2008

– Recent refurbishment completed at an estimated cost of $1m

– Blackburn: Cemented status as one of Melbourne’s most liveable suburbs with a median house price of $1.63m

*Approx.
**Approx as at June 2022

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

Stonebridge Property Group:

Rorey James
0439 400 081

Kevin Tong
0422 848 818

Savills:

Rick Silberman
0432 831 511

Our Ref: Large Format Retail, National Portfolio

Property Code: 380