Prized Supermarket Investment in Melbourne’s Booming South East
Description
CBRE is pleased to offer to the market Grace Grocery located at Lot 1, 5 Riverland Road, Clyde, VIC for sale via our National Portfolio Auction 184.
+ New Ten (10) Year lease to October 2035 plus Two (2) further Five (5) Year options to October 2045.
+ Grace Grocery: Specialty supermarket offering Indian groceries, Indian, Sri Lankan and broader South Asian grocery products, fresh fruit and vegetables and ancillary items, servicing the growing multicultural community of Melbourne’s southeast growth corridor.
+ One of the largest Indian grocery retailers in the Southern Hemisphere, providing an extensive range of over 20,000 products with over 500 Brands to retail, wholesale and online customers.
+ Landlord preferred net Lease with Tenant paying all usual outgoings, excluding land tax.
+ Brand new construction (completed late 2025), offering outstanding depreciation benefits.
+ Fixed annual compounding 3.5% rent reviews ensuring continued income growth.
+ Strong security with four (4) months’ Bank Guarantee plus person guarantee to the performance of the lease.
+ Farm Gate Local: Part of Oreana’s future town centre development within the new ‘Riverfield Estate’ masterplanned community, complemented by surrounding retailers including Thirsty Camel.
Strategic central location between major future residential developments in Riverfield Estate (2,300 future homes) and Stockland Evergreen (3,000 future homes), serving over 15,000 future residents.^
+ Clyde: A booming growth corridor in Melbourne’s southeast, forecasted to grow by 221.9% to 78,264 residents by 2046.^^
+ City of Casey: One of Victoria’s fastest growing LGAs with population forecast to increase 48.4% to a significant 614,075 by 2046.^^
Net Income: $174,495 pa* + GST.
For Sale via Investment Portfolio Auction 184
10:30am (AEST) Wednesday 13 May 2026
Garden Room – Crown Casino, Melbourne VIC
*Approx
^ Riverfield
^^ Forecast.id
* Title Address is 11/5 Riverland Road, Clyde, marked as Lot 1 on Plan of Subdivision 910639W.
Enquire
Contact agents
Shaun Venables Senior Director
0411 860 865
George Wilkinson Associate Director
+61 439 173 049
Rachael Fabbro
+61 412 547 690Enquiry Form
Clyde, VIC
1/ 5 Riverland Road
For Sale by Portfolio Auction
This property is part of Portfolio 184
Price: Contact Agent
Contact agents
-
Shaun Venables Senior Director
0411 860 865 -
George Wilkinson Associate Director
+61 439 173 049 -
Rachael Fabbro
+61 412 547 690