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10 & 11/121 Grices Road, Clyde North, VIC, 3978

2. Property Highlights

Licenced Bar & Cafe on Two Titles | Long 10 Year Lease to Oct 2032
  • Long 10 Year Net Lease to October 2032
  • Rate Annual Fixed 4% Rent Increases
  • 167sqm* Building Over Two Titles

Burgess Rawson is pleased to offer to the market, Matilda's Café, Woodfire and Bar Clyde North VIC for sale via our Auction Investment Portfolio 161.

+ Long 10 year lease to October 2032 plus options to 2042.

+ Matilda's Café, Woodfire and Bar: Licensed all day eatery occupying a high-profile double shop with triple retail frontage and exposure plus large alfresco area included on title.

+ Landlord preferred, net lease terms with tenants responsible for all usual outgoings as per the lease.

+ Annual fixed 4% rent increases – ensuring future rental growth.

+ Immaculate 167sqm* building over two titles, plus 62sqm* alfresco with brand new AAA tenant fit-out.

+ Prominent and direct frontage to an 89-space public car park.

+ New (October 2022) construction, providing significant tax depreciation benefits.

+ Single tenant minimum management investment.

+ Expanding residential precinct and supported by complementary users including supermarket, gym, swim school and restaurant/takeaway.

+ Surrounded by important social infrastructure including 9 schools servicing over 7,500 full-time students within a 3km radius.

+ Clyde North: Melbourne’s major southern growth corridor with the population forecast to increase 130.21% by 2041.2

+ Net income $87,450 pa* + GST.

To be sold by Investment Portfolio Auction

10:30am AEST Wednesday 21st June 2023

Crown Casino, Melbourne

To arrange an inspection, or for more information, please contact the exclusive selling agents:


0411 860 865


0417 308 067


0460 349 605


0447 288 323

Remember to mention you found this property on CommercialReady

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3. Property Location

10 & 11/121 Grices Road, Clyde North, VIC, 3978

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4. Due Diligence

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