RIPE INVESTMENT OPPORTUNITY | DONCASTER EAST RETAIL GEM
11-12 Tunstall Square
Doncaster East
427m2
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)
For further details or to arrange an inspection, please contact the exclusive marketing agents at Gross Waddell ICR.
*approx.
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