Renewed 5+5 year net lease to Duncan’s Liquor with surplus land

Description

CBRE Melbourne are pleased to present For Sale an attractive entry level freehold retail investment fully leased to national tenant Duncan’s Liquor located at 224 Mitcham Road, Mitcham

This freehold liquor investment can be summarised by the following key points:

+ An attractive entry level freehold liquor investment offered fully leased to Duncan’s liquor in an established eastern suburb location

+ Renewed 5+5 year lease returning an annual income of $44,908* per annum with 3% fixed annual increases

+ Duncan’s liquor operates as a network of independent liquor stores that includes a network of 2,900* locations

+ Located on a 220 square metre* Commercial 1 Zoned landholding with rear lane access and loading with future redevelopment or extension opportunities (STCA)

+ A rare opportunity to secure a liquor investment at this attractive entry level freehold price in an established outer eastern suburb with established residential catchment area

Duncan’s Liquor is For Sale via Public On-Site Auction Thursday 14th May 2026 at 12:30pm (AEST)

For further information please contact the exclusive selling agents at CBRE:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)

*Denotes Approx.

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Contact agents
Nathan Mufale Senior Director
+61 421 224 354
Alex Brierley Associate Director
0447 974 447
Jing Jun Heng
0411 059 116
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Mitcham, VIC

224 Mitcham Road

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