Prime ‘Entry Level’ Retail Investment | Renewed 5 Year Lease to Nov 2030
Description
Burgess Rawson from CBRE is pleased to offer to the market Off the Boat Fish & Chippery, Cranbourne North VIC for sale via Investment Portfolio Auction 178.
The property has the following key investment highlights:
+ Renewed Five (5) year net lease to November 2030 plus an additional option to 2035.
+ Off the Boat Fish & Chippery: successful, locally owned fish and chip shop, on-site 15 years and now trading under new management.
+ Fixed 4% annual rent increases, assuring income growth.
+ Investor preferred net lease terms with the tenant responsible for all usual outgoings.
+ Well-presented 50sqm* retail shop with stainless steel kitchen that includes fryers and cooktops.
+ Situated in 100% occupied ‘Eve Central Shopping Centre’ anchored by IGA Supermarket, Chemist Warehouse & Medical Centre.
+ Cranbourne North: booming growth location with population set to surge 73.70% by 2046 to 23,000+ residents. (1)
+ City of Casey: one of Victoria’s largest and fastest growing LGA’s with a population of 405,000+ people and total economic output of $32B+. (2)
+ Net Income: $31,677pa* + GST (as at Nov 2025).
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 6 August 2025
Garden Room – Crown Casino, Melbourne
*Approx
1 .id
2 REMPlan
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Contact agents
Sam Mercuri Sales Executive
0413 830 709
Paul Tran Associate Executive
0413 860 317Enquiry Form
Cranbourne North, VIC
8/ 2-10G William Thwaites Boulevard
- Sold Price: Contact Agent
This property was sold as part of Portfolio 178
Contact agents
-
Sam Mercuri Sales Executive
0413 830 709 -
Paul Tran Associate Executive
0413 860 317