CBRE is pleased to offer to the market Total Tools Mitcham, located at 5/644 Whitehorse Road, Mitcham VIC 3132 for sale via Portfolio Auction 186.

This opportunity has the following key investment highlights:

+ Renewed Five (5) year lease to 2031 plus Two (2) further Five (5) year options through to 2041
+ Total Tools: national network of 129 stores established over 35 years, subsidiary of ASX listed Metcash Limited (1)
+ Metcash Limited: major ASX listed wholesale distribution group supporting Australia’s leading brands including IGA Supermarkets, Mitre 10, Total Tools and Cellarbrations (2)
+ Annual fixed 3% compounding rent increases ensuring strong income growth
+ Investor preferred net lease terms, with Total Tools paying all usual outgoings including land tax on a single holding basis
+ Commanding 1,386sqm* title area including 16 on-title car parks
+ Well-presented 1,100sqm* building comprising showroom, mezzanine office and rear loading bay
+ Positioned on Whitehorse Road, Mitcham, with a daily traffic count of 41,000* (3), amongst numerous complementary national brands including National Tiles, Wattyl, Doors Plus and Golf World
+ Mitcham: established Eastern suburbs location with a median house price of $1,250,000 (4)
+ City of Whitehorse: major commercial and residential LGA, only 15km* from Melbourne CBD with a current population of 185,256 and boasting a Gross Regional Product of $14.093 billion (5)
+ Net Income: $227,175pa* + GST

For Sale via Investment Portfolio Auction
10:30am (AEST) Wednesday 5 August 2026
Promenade, Crown Casino, Melbourne

*Approx
(1) Totaltools.com.au
(2) Metcash.com
(3) GapMaps.com
(4) Realestate.com.au
(5) Remplan.com.au