New Supermarket Investment, Melbourne's Booming South East
Description
CBRE is pleased to offer to the market Grace Oz Grocery located at 11, 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.
+ Fixed annual compounding 3.5% rent reviews ensuring continued income growth.
+ Grace Oz Grocery: Speciality supermarket offering Indian groceries, fresh fruit and vegetables and ancillary items, servicing the growing multicultural community of Melbourne’s southeast growth corridor.
+ Landlord preferred net Lease with Tenant paying all usual outgoings, excluding land tax.
+ Brand new construction (completed late 2025), offering outstanding depreciation benefits.
+ 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: $174,345 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
Enquire
Contact agents
Shaun Venables Senior Director
0411 860 865
George Wilkinson Associate Director
0439 173 049Enquiry Form
Clyde, VIC
11/ 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
0439 173 049