27B/79-109 Manningham Road Bulleen VIC

SECURE RETAIL INVESTMENT – BULLEEN PLAZA
AUCTION ON SITE THURSDAY 12/02/2026 @ 01:00PM

A rare opportunity to secure a highly affordable retail investment within the tightly held Bulleen Plaza Shopping Centre facing the Bulleen Plaza Car Park, anchored by national retailers and long-established local services.

• Established Tenant: Koala Dry Cleaners & Alterations

Strong Net Income of $42,799.56 p.a. net + Outgoings + GST Increasing to $44,083.55 p.a. net from 01/09/2026

Lease Details
• Seven (7) year lease commenced 01/02/2022
• Options: 2 further terms (4 Years + 3 Years)
• Annual 3% Increases with Market Review at first year of further term
• Tenant Pays All Outgoings

Property Features
• Building Area: 55 sqm (approx.)
• Open-plan layout
• Wide shop frontage
• Excellent exposure to Bulleen Plaza Car Park
• Ample customer parking

Prominently positioned with direct access to Manningham Road and moments from the Eastern Freeway, ensuring constant passing traffic and convenience.

Surrounded by major retailers and services including:
• Coles
• Chemist Warehouse
• Australia Post
• Bulleen Medical Centre
• Krispy Kreme
• Numerous specialty retailers

Outgoings (Paid by Tenant – Estimated)
• Council Rates: $2,000 p.a.
• Water Rates: $1,250 p.a.
• Owners Corporation Fees: $6,250 p.a.
  • Retail
  • 55 sqm
  • $600,000's buyers - Circa 7% return
  • Thu 12th of Feb
    01:00 PM
  • On Site

Agent Details

Steven Pantelios

P: 03 9429 4883

M: 0417 311 006

Andrew Kolovos

P: 03 9429 4883

M: 0402 090 922

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