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9/176 Elevation Bvd, Craigieburn VIC 3064
9/176 Elevation Bvd, Craigieburn VIC 3064
9/176 Elevation Bvd, Craigieburn VIC 3064
9/176 Elevation Bvd, Craigieburn VIC 3064
9/176 Elevation Bvd, Craigieburn VIC 3064
9/176 Elevation Bvd, Craigieburn VIC 3064
9/176 Elevation Bvd, Craigieburn VIC 3064
9/176 Elevation Bvd, Craigieburn VIC 3064
9/176 Elevation Bvd, Craigieburn VIC 3064
9/176 Elevation Bvd, Craigieburn VIC 3064

9/176 Elevation Bvd, Craigieburn VIC 3064

Craigieburn $880,000 - $950,000
Sell / All / 9/176 Elevation Bvd, Craigieburn VIC 3064

High-Yield Retail Investment | Secure Lease to Established Operator

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**PLEASE ENJOY A FULL TOUR OF THE PROPERTY AND LOCATION PRESENTED BY ADRIANO PERSICHETTI**

Positioned in the heart of the rapidly expanding Craigieburn commercial precinct, this premium leased retail investment offers secure income, fixed annual growth, and long-term upside in one of Melbourne's strongest northern growth corridors.

Investment Snapshot

• Approx. 90sqm retail premises*

• Leased to established operator Coco Laundry

• Annual Rent: $52,760.57 + GST + outgoings (from 23.02.2026)

• Lease Term: 7 years (23.02.2021 - 22.02.2028)

• Options: 5 years + 5 years

• Annual Reviews: Fixed 4% increases

• Further Reviews: Market at each option

• Outgoings: 100% recoverable

Yield Profile

Indicative Price: ~$950,000

Net Income: $52,760.57

Indicative Net Yield: ~5.55%**

With fixed 4% annual increases, the income is projected to grow as follows:

• 2026: $52,760

• 2027: ~$54,870

• 2028: ~$57,065

This delivers a steadily improving yield over the remaining lease term, with further upside through option periods and market reviews.

Why This Investment Stands Out

- Strong annual rental growth with fixed 4% increases

- Secure long lease to a service-based tenant

- Net income with tenant paying outgoings

- Located within a thriving neighbourhood retail strip.

- Positioned in a high-population growth corridor

This is a genuine "set and forget" commercial investment offering predictable income growth and long-term security. Essential-service tenants such as laundromats provide resilient trading performance, supporting lease stability and renewal prospects.

With significant residential expansion continuing throughout Craigieburn, demand for convenience-based retail remains strong, underpinning the long-term fundamentals of this asset.

An ideal addition to any SMSF, private investor portfolio, or commercial property syndicate seeking stable cash flow with built-in growth.

For further information, lease details, or to request an Information Memorandum, contact Adriano Persichetti on 0402 055 437.

Agents to get in touch

Adriano Persichetti
Adriano Persichetti
0402055437
adriano@collings.com.au

SUBURB PROFILE

Thornbury Park

THORNBURY

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