CBRE are delighted to offer to market the brand new ‘Alreef Grocery’ supermarket investment at 2/1585 Thompsons Road, Cranbourne North VIC for sale via Expressions of Interest.

The property has the following key investment highlights:

+ Ten (10) year lease to April 2036, plus One (1) further Ten (5) Year options to 2041.

+ Alreef Grocery Cranbourne North: Modern multicultural grocery destination featuring fresh produce, halal butchery, bakery, dairy, frozen foods, and household essentials, providing quality, convenience, and value to local families and multicultural communities.

+ Immaculately presented premises neighbouring KFC, Nando’s, Zambrero, Woolworths, Chemist Warehouse, Ampol and Aspire Early Education Centre.

+ Fixed 3% annual rent increases ensuring income growth.

+ Brand new 2025 construction, brand new tenancy fitout out with important loading bay, trolley bay and on-title car parking

+ Excellent income tax saving depreciation benefits

+ Landlord-favourable net lease terms, with tenant responsible for usual outgoings.

+ Strong security with four (4) months’ Bank Guarantee plus personal guarantee, to the performance of the lease.

+ Frontage to major arterial road link, Thompsons Road with 13,800 vehicles passing daily.(1)

+ Adjacent to MAB & Galileo Group’s future $800 million Croskell industrial precinct, comprising over 180,000sqm of industrial and logistic space, set to benefit from surrounding industrial estates developed by LOGOS, Goodman Group, ESR Australia and Salta Properties.(2)

+ Part of Oreana’s future business centre development, complemented by surrounding retailers.

+ City of Casey: One of Victoria’s fastest growing LGA’s with population forecast to increase 48.4% to a significant 614,075 by 2046.(3)

+ Net Income: $214,050pa* + GST.

To be sold via Expressions of Interest, offers closing at 3pm Wednesday 23 September 2026

For further information on Alreef Grocery :

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Contact:
Shaun Venables - 0411 860 865
Rachael Fabbro - 0412 547 690
George Wilkinson - 0439 173 049

*Approx
(1) GapMaps
(2) MAB
(3) Forecast.id