BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Renewed 5+5 year net lease to Duncan's Liquor with surplus lan d\nCBRE Melbourne are pleased to present For Sale an attractive entry lev el freehold retail investment fully leased to national tenant Duncan's Li quor located at 224 Mitcham Road\, Mitcham\n\nThis freehold liquor invest ment can be summarised by the following key points:\n\n+ An attractive en try level freehold liquor investment offered fully leased to Duncan's liq uor in an established eastern suburb location\n\n+ Renewed 5+5 year lease returning a net income of $44\,908* per annum with 3% fixed annual incre ases\n\n+ Duncan's liquor operates as a network of independent liquor sto res that includes a network of 2\,900* locations\n\n+ Located on a 185 sq uare metre* Commercial 1 Zoned landholding with rear lane access and load ing with future redevelopment or extension opportunities (STCA)\n\n+ A ra re opportunity to secure a liquor investment at this attractive entry lev el freehold price in an established outer eastern suburb with established residential catchment area\n\nDuncan's Liquor is For Sale via Public On- Site Auction Thursday 14th May 2026 at 12:30pm (AEST)\n\nFor further info rmation please contact the exclusive selling agents at CBRE:\n\nNathan Mu fale\n+61 421 224 354\nnathan.mufale@cbre.com.au\n\nAlex Brierley\n+61 44 7 974 447\nalex.brierley@cbre.com.au\n\nCBRE Asian Services Desk:\nJing J un (JJ) Heng ()\n+61 411 059 116 ()\njj.heng@cbre.com ()\njheng1206 ()\n \n*Denotes Approx. DTEND:20260514T133000 DTSTAMP:20260410T105036Z DTSTART:20260514T123000 LOCATION:224 Mitcham Road\, Mitcham VIC SEQUENCE:0 SUMMARY:Auction: 224 Mitcham Road\, Mitcham VIC UID:CRE-2020752350-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

Renewed 5+5 year net lease to Dunca n's Liquor with surplus land
CBRE Melbourne are pleased to present For Sale an attractive entry level freehold retail investment fully lease d to national tenant Duncan's Liquor located at 224 Mitcham Road\, Mitcha m

This freehold liquor investment can be summarised by the f ollowing key points:

+ An attractive entry level freehold li quor investment offered fully leased to Duncan's liquor in an established eastern suburb location

+ Renewed 5+5 year lease returning a net income of $44\,908* per annum with 3% fixed annual increases

+ Duncan's liquor operates as a network of independent liquor stor es that includes a network of 2\,900* locations

+ Located on a 185 square metre* Commercial 1 Zoned landholding with rear lane access and loading with future redevelopment or extension opportunities (STCA)

+ A rare opportunity to secure a liquor investment at this a ttractive entry level freehold price in an established outer eastern subu rb with established residential catchment area

Duncan's Liqu or is For Sale via Public On-Site Auction Thursday 14th May 2026 at 12:30 pm (AEST)

For further information please contact the exclusi ve selling agents at CBRE:

Nathan Mufale
+61 421 224 3 54
nathan.mufale@cbre.com.au

Alex Brierley
+61 4 47 974 447
alex.brierley@cbre.com.au

CBRE Asian Servic es Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.h eng@cbre.com ()
jheng1206 ()

*Denotes Approx.

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