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DESCRIPTION:5 Year Net Lease to Established Food Operator  Staple Pizza\nC
 BRE is pleased to offer to the market the Staple Pizza\, located at 44 St
 een Avenue\, Wollert VIC 3750\, for sale via Investment Portfolio Auction
 .\n\nThis opportunity has the following key investment highlights:\n\n+ F
 ive (5) Year Lease through to 2028 plus four (4) further five (5) year op
 tions through to 2048.\n+ Staple Pizza: highly rated pizza restaurant wit
 h dine-in\, takeaway and delivery options.\n+ Landlord-favourable fixed 3
 % annual rent increases\, ensuring reliable rental growth throughout the 
 term.\n+ Attractive net lease structure with tenant responsible for usual
  outgoings.\n+ Strong security with three (3) months' Bank Guarantee plus
  personal guarantee to the performance of the lease.\n+ Recent constructi
 on\, offering income tax-saving depreciation benefits for investors.\n+ P
 art of the same Steen Avenue development as IGA Local Grocer and bottle s
 hop\, positioning the asset within a growing neighbourhood convenience an
 d dining precinct.\n+ Surrounded by important social infrastructure inclu
 ding 6 schools servicing a combined 4\,630 full-time students.\n+ Wollert
 : a high-growth northern Melbourne corridor experiencing rapid residentia
 l expansion with significant infrastructure investment and population gro
 wth.\n+ City of Whittlesea: One of Victoria's fastest growing municipalit
 ies\, underpinned by sustained demand for food\, beverage and essential r
 etail services.\n+ Net Income: $25\,644 pa* + GST\n\nFor Sale by Investme
 nt Portfolio Auction\n10:30 am AEST Wednesday 13 May 2026\nGarden Room\, 
 Crown Casino Melbourne
DTEND:20260513T113000
DTSTAMP:20260417T014054Z
DTSTART:20260513T103000
LOCATION:Crown Casino - Garden Room - Melbourne
SEQUENCE:0
SUMMARY:Auction: 44 Steen Avenue\, Wollert VIC
UID:CRE-2020769775-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>5 Year Net Lease to Established Foo
 d Operator  Staple Pizza <br/> CBRE is pleased to offer to the market the
  Staple Pizza\, located at 44 Steen Avenue\, Wollert VIC 3750\, for sale 
 via Investment Portfolio Auction. <br/>  <br/> This opportunity has the f
 ollowing key investment highlights: <br/>  <br/> + Five (5) Year Lease th
 rough to 2028 plus four (4) further five (5) year options through to 2048
 . <br/> + Staple Pizza: highly rated pizza restaurant with dine-in\, take
 away and delivery options. <br/> + Landlord-favourable fixed 3% annual re
 nt increases\, ensuring reliable rental growth throughout the term. <br/>
  + Attractive net lease structure with tenant responsible for usual outgo
 ings. <br/> + Strong security with three (3) months' Bank Guarantee plus 
 personal guarantee to the performance of the lease. <br/> + Recent constr
 uction\, offering income tax-saving depreciation benefits for investors. 
 <br/> + Part of the same Steen Avenue development as IGA Local Grocer and
  bottle shop\, positioning the asset within a growing neighbourhood conve
 nience and dining precinct. <br/> + Surrounded by important social infras
 tructure including 6 schools servicing a combined 4\,630 full-time studen
 ts. <br/> + Wollert: a high-growth northern Melbourne corridor experienci
 ng rapid residential expansion with significant infrastructure investment
  and population growth. <br/> + City of Whittlesea: One of Victoria's fas
 test growing municipalities\, underpinned by sustained demand for food\, 
 beverage and essential retail services. <br/> + Net Income: $25\,644 pa* 
 + GST <br/>  <br/> For Sale by Investment Portfolio Auction <br/> 10:30 a
 m AEST Wednesday 13 May 2026 <br/> Garden Room\, Crown Casino Melbourne</
 P></body></html>
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