1342-1350 Western Highway, Caroline Springs

The 3,669sqm site has a Hungry Jack’s restaurant and sold for $2.955 million, with a lease until 2023 plus options that returns $120,101pa net.

473 Whitehorse Road & 19A Edward Street, Mitcham
The corner building, long-term home to Wendy’s Bakery, sold for $1.655 million. The 276sqm site has a gym at the rear and returns a combined $82,682pa plus GST.

57-59 Thompson Avenue, Cowes
Another corner bakery site traded for $1.6 million. The 262sqm site returns $81,043pa plus GST from a new 5-year lease with options to 2033.

Shop 1/5-13 Adelphi Boulevard, Point Cook
Home to fish and chippery Reel Deal Fish, the 76sqm shop within Soho Village shopping centre sold for $690,000 with a lease until 2027 and options to 2037 bringing $40,500pa.

Shop 3/5-13 Adelphi Boulevard, Point Cook
Also within Soho Village, the 69sqm premises of 食堂 Kitchen Restaurant sold for $672,000. It returns $38,475pa on a lease running until 2025 with options to 2035.

162 Collins Street, Melbourne
Iconic Parisian shoe designer Christian Louboutin will open a second Collins Street shop in the CBD, signing a short-term lease of 90sqm within the Georges Building. It also has a 55sqm store within the 88 Collins Street terrace building. Rents through Collins Street’s east end typically attract more than $5,000/sqm.

161 Collins Street, Melbourne
US real estate group Pembroke has taken the refurbished T&G Building to full occupancy, after signing up The Mulberry Group for a 450sqm café, wine shop and produce store in the building’s lobby.

132 Puckle Street, Moonee Ponds
Homewares retailer The Phoenix and the Turtle will open its third store after signing a 3+3-year lease at $57,000pa net, adding to existing sites in Northcote and Blairgowrie.

Shop 2, 623-625 Sydney Road, Brunswick
Vietnamese food truck Nuoc Mama will start trading from its first bricks-and-mortar location after leasing 160sqm at $47,000pa net on a 4+4+4-year deal.

Level 1, 256 Victoria Street, North Melbourne
Icon Builders leased the 112sqm space on a 12 to 18-month deal at $30,000pa net.

40 Stephenson Street, Cremorne
Red Fox Group will move into the two-level converted warehouse of 350sqm after signing a 5-year deal at $150,000pa net.

Ground Floor, 233 Punt Road, Richmond
Venture capital firm Propel Ventures has taken the 343sqm space in a 1-year sublet deal at around $291/sqm.

Suite 9/84 Church Street, Richmond
Software firm Teba signed a long-term deal over the 158sqm space at $60,000pa net.

48 Jesica Road, Campbellfield
The Primo Smallgoods cold storage facility of 2,180sqm, on a 4,317sqm site, sold for $4 million. It has triple net lease until 2028 with a 10-year option and returns $267,915pa plus GST.

33 McIntosh Street, Airport West
An owner occupier paid $900,000 for the 465sqm brick standalone office and warehouse, which is on a 770sqm site with 12 on-site parking spaces.

75-77 Cochranes Road, Moorabbin
Online retailer KG Electronics is consolidating its operations and inked a 3+3+3-year deal over the 3,345sqm office and warehouse facility at $250,000pa net.

39-41 Winterton Road, Clayton
As part of its expansion into Melbourne, Go Mart signed a 5+5-year lease over the 1,479 office and warehouse property at $141,000pa net.