Metro Corner Freehold Opposite Woolworths | Rare Retail Investment in Tightly Held Moonee Ponds Shopping Precinct

Description

CBRE is pleased to offer to the market Hunky Dory, located at 28 Pratt Street, Moonee Ponds (Melbourne) VIC, for sale via Investment Portfolio Auction 187

The property has the following investment highlights:

+ Five (5) Year net lease to October 2029 plus one (1) further five (5) year option to October 2034
+ Hunky Dory (Est. 2004): a Melbourne fish and chip icon with a family fishing legacy dating to 1927, rooted in the same location for over a decade, serving fresh modern favourites across 16 locations
+ Attractive, fixed 4.0% annual rent increases, ensuring growth
+ Investor preferred net lease terms with tenant paying all usual outgoings
+ Strategic 130sqm* landholding in the tightly held Moonee Ponds Central and retail precinct^
+ Exceptional 10.70m* street frontage to Pratt Street with exposure to 10,000+ cars passing daily^
+ Positioned within Activity Centre Zone (ACZ1), surrounded by established apartments and minutes from the $3B Moonee Valley Racecourse precinct, with a growing population and foot traffic set to benefit the store
+ Prime retail precinct location directly off Puckle Street in a high-density commercial and residential hub
+ Outstanding public transport connectivity, located moments from Moonee Ponds Train Station (approx. 300m*), Moonee Ponds Junction tram hub, and local bus interchanges^
+ Moonee Ponds: affluent inner north-west metropolitan Melbourne suburb located 7km* from the CBD with a median value of $1,541,000^^
+ Moonee Valley City: a thriving inner metropolitan Melbourne LGA home to over 13,000 local businesses supporting 47,500 local jobs and generating $6.65 billion in GRP^^
+ Net Income: $78,680 pa* + GST (as of October 2026)

For Sale by Investment Portfolio Auction 187
10:30am AEST Wednesday 16 September 2026
Crown Casino, Melbourne VIC

Please contact the exclusively appointed team for more information.

* Approx
^ Gapmaps
^^ Real Estate
^^^ Forecast.id

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Zomart He 何梓轩
0488 220 830
Scott Hawthorne Senior Manager
+61 400 861 048
Paul Tran Junior Sales Associate
+61 413 860 317
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Moonee Ponds, VIC

28 Pratt Street

For Sale by Portfolio Auction
Wednesday 16th September 10:30AM Crown Casino - Melbourne

This property is part of Portfolio 187

Price: Contact Agent

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