9/176 Elevation Boulevard, Craigieburn, Vic 3064

Retail
|Other
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Published on: 04 Mar 2026
Last updated on: 08 Jul 2026
9/176 Elevation Boulevard, Craigieburn, Vic 3064
9/176 Elevation Boulevard, Craigieburn, Vic 3064
9/176 Elevation Boulevard, Craigieburn, Vic 3064
+10
9/176 Elevation Boulevard, Craigieburn, Vic 3064
  • 10
Property ID: 505077652
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Key property information

Land Size
90.00 m2
Floor Area
90.00 m2
Tenure Type
vacant

High-Yield Retail Investment | Secure Lease to Established Operator

9/176 Elevation Boulevard, Craigieburn, Vic 3064
**PLEASE ENJOY A FULL TOUR OF THE PROPERTY AND LOCATION PRESENTED BY ADRIANO PERSICHETTI**

Positioned in the heart of the rapidly expanding Craigieburn commercial precinct, this premium leased retail investment offers secure income, fixed annual growth, and long-term upside in one of Melbourne's strongest northern growth corridors.

Investment Snapshot
• Approx. 90sqm retail premises*
• Leased to established operator Coco Laundry
• Annual Rent: $52,760.57 + GST + outgoings (from 23.02.2026)
• Lease Term: 7 years (23.02.2021 - 22.02.2028)
• Options: 5 years + 5 years
• Annual Reviews: Fixed 4% increases
• Further Reviews: Market at each option
• Outgoings: 100% recoverable

Yield Profile

Indicative Price: ~$950,000
Net Income: $52,760.57

Indicative Net Yield: ~5.55%**

With fixed 4% annual increases, the income is projected to grow as follows:
• 2026: $52,760
• 2027: ~$54,870
• 2028: ~$57,065

This delivers a steadily improving yield over the remaining lease term, with further upside through option periods and market reviews.

Why This Investment Stands Out

- Strong annual rental growth with fixed 4% increases
- Secure long lease to a service-based tenant
- Net income with tenant paying outgoings
- Located within a thriving neighbourhood retail strip.
- Positioned in a high-population growth corridor

This is a genuine "set and forget" commercial investment offering predictable income growth and long-term security. Essential-service tenants such as laundromats provide resilient trading performance, supporting lease stability and renewal prospects.

With significant residential expansion continuing throughout Craigieburn, demand for convenience-based retail remains strong, underpinning the long-term fundamentals of this asset.

An ideal addition to any SMSF, private investor portfolio, or commercial property syndicate seeking stable cash flow with built-in growth.

For further information, lease details, or to request an Information Memorandum, contact Adriano Persichetti on 0402 055 437.

Property Details

Basic Info

Property Type
RetailOther
Listing Status
On Market
Land Size
90.00 m2
Address
9/176 Elevation Boulevard, Craigieburn, Vic 3064

Floorplans and tours

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Adriano Persichetti
Adriano Persichetti
230 Waterdale Road, Ivanhoe, Vic 3079
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Adriano Persichetti
Adriano Persichetti
230 Waterdale Road, Ivanhoe, Vic 3079
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      Property ID: 505077652

      Original Property ID: 505077652
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