RIPE INVESTMENT OPPORTUNITY | DONCASTER EAST RETAIL GEM
11-12 Tunstall Square
Doncaster East
427.00m2
Retail
Gross Waddell ICR is pleased to be offering 11-12 Tunstall Square, Doncaster East to the market for sale.
Offered for the first time in over 40 years, this premium investment is securely leased to a highly regarded fruit and vegetable retailer. Favourably zoned Commercial 1 (C1Z), the property is situated within the heart of a tightly held and bustling retail precinct and offers underlying land value, lending itself to a variety of future development outcomes in the medium to long term (STCA).
Property highlights include:
• Securely leased to a long-established fruit & veg operator, trading successfully for many years
• Significant income profile with a net income of $213,873* p.a. as of November 2026
• 5-year lease with options extending to 2049
• High underlying land value with an expansive landholding of 427 sqm* and benefiting from rear access
• Situated in the heart of the bustling Tunstall Square retail precinct and alongside national retailers including Coles, Grill'd, Bottlemart, Chemist Warehouse and Westfield Doncaster Shopping Centre
• Within minutes to Doncaster East Secondary School and surrounded by a large number of public car parking spaces
• A high-demand suburb with strong demographic growth and boasts a soaring median house price of $1,610,000 (source: REIV)
11-12 Tunstall Square, Doncaster East is for sale via Public Onsite Auction on Friday 24th April at 1pm.
For further details or to arrange an inspection, please contact the exclusive marketing agents at Gross Waddell ICR.
*approx.
Enquire About This Property
Related Listings
