Long 10 Year Lease to Grounders Cafe through to 2033 plus Option | Prized Retail Opportunity within New Epping
Description
CBRE is pleased to offer to the market Grounders Cafe at 1/30 Grandstone Boulevard, Epping VIC for sale via Investment Portfolio Auction 185.
The property has the following key investment highlights:
+ Ten (10) year lease through to 2033, plus a further ten (10) year option through to 2043.
+ Grounders Café: An independently owned and operated café offering a warm, community-focused dining experience at the heart of New Epping, with impressive ground floor indoor and outdoor seating and a family-friendly fit-out.
+ Investor-preferred net lease terms, with the tenant responsible for all usual outgoings.
+ Fixed compounding 3.5% annual rent increases.^
+ Prized 125sqm* ground floor retail within a multi-storey apartment building, adjoining purpose-built children’s playground and woorike jellicka Park.
+ Perfectly positioned in the landmark 51-hectare, $2billion ‘New Epping’ master planned precinct by Riverlee, direct exposure to 7,200+ workers* and the largest health and wellness hub in Melbourne’s north
+ Recent 2023 construction providing potential tax depreciation benefits.
+ Anchored by an exceptional concentration of health, retail and commercial infrastructure including Northern Private Hospital, the 500-bed Northern Hospital, New Epping Medical, Punthill Apartment Hotel, Pacific Epping, Epping Plaza, Costco, Epping Hub and HomeCo Epping.
+ Epping: 18km* north of Melbourne CBD, within the City of Whittlesea, home to 34,772 residents in 2025 producing economic output of $8.5 billion*
+ The City of Whittlesea is home to over 250,000 residents and is forecast to grow to over 360,692 by 2041, an increase of 43.87%.
+ Net Income: $61,865 pa* + GST.
For Sale by Investment Portfolio Auction 185
10:30am AEST Wednesday 24 June 2026
Garden Room, Crown Casino, Melbourne
* Approx
^ Mid-term market review at the start of Year 6
Enquire
Contact agents
Matthew Wright Senior Director
+61 458 290 588
Rachael Fabbro
+61 412 547 690
Mark Foster Negotiator
+61 475 454 431Enquiry Form
Epping, VIC
1/ 30 Grandstone Boulevard
For Sale by Portfolio Auction
This property is part of Portfolio 185
Price: Contact Agent
Contact agents
-
Matthew Wright Senior Director
+61 458 290 588 -
Rachael Fabbro
+61 412 547 690 -
Mark Foster Negotiator
+61 475 454 431