Burgess Rawson from CBRE is pleased to offer to the market BP/Friendly Grocer, Caulfield South VIC for sale via our Investment Portfolio Auction 179.

This opportunity has the following key investment highlights:

+ Rare opportunity – first time offered in over 30 years!
+ Brand New Ten (10) year lease to June 2035 plus Two (2) further Ten (10) year options to 2055.
+ BP/Friendly Grocer: leading fuel & convenience retail brands both with a strong national footprint.
+ Fixed, compounding 3% annual rent increases ensuring continued income growth.
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for rates and insurance premiums.
+ Generational 1,291sqm* corner site with 71 metres* of combined frontage to Hawthorn Road and North Road, servicing 46,000*+ vehicles passing daily. (1)
+ State-of-the-art convenience retail offering, servicing the local community seven days a week, with extended trading hours from 5:00 am to 11:00 pm.
+ Mixed Use Zoning (MUZ) offering strong underlying land value and outstanding prospects for future commercial or residential development (STCA).
+ 61,943 registered vehicles and total $107 million spending on fuel per annum within 3 kilometre radius. (1)
+ Premier education precinct with access to 29 top schools including 27,776 total primary and secondary school enrolments within 3km. (1)
+ Caulfield South: affluent south-eastern suburb of Melbourne located 10km* from the CBD, with a median house price of $1,770,000. (2)
+ City of Glen Eira: densely-populated inner-metro municipality with $7.8 billion GRP and population forecast to surge 25% to over 198,000 by 2046. (3)
+ Net Income: $240,725 pa* + GST.

To be sold by Investment Portfolio Auction
10:30am (AEST) Tuesday 16 September 2025
Garden Room – Crown Casino, Melbourne

Please contact the exclusively appointed sales team for more information.

Sam Mercuri
0413 830 709
[email protected]

Rick Jacobson
0413 830 083
[email protected]

Jamie Perlinger
0413 860 315
[email protected]

* Approx
1. GapMaps
2. Realestate.com.au
3. .id