Watch Watch
Your home of Commercial Ready videos
Watch Watch
Back
Sold Check

Tenancy 5, Early Settler, Northland Homemaker Centre, 19-33 Murray Road, Preston, VIC, 3072

+11 Photos
/
Images
Close

Tenancy 5, Early Settler, Northland Homemaker Centre, 19-33 Murray Road, Preston, VIC, 3072

Preston

×
Sold Check
+13 Photos

Tenancy 5, Early Settler, Northland Homemaker Centre, 19-33 Murray Road, Preston, VIC, 3072

Preston

SOLD
Tenancy 5, Early Settler, Northland Homemaker Centre, 19-33 Murray Road, Preston, VIC, 3072

Tenancy 5, Early Settler, Northland Homemaker Centre, 19-33 Murray Road, Preston, VIC, 3072

Properties / Sold / Victoria / Preston
Tenanted Investment
Selling Method
Auction
Selling Details
Contact Cushman & Wakefield
Land Area
1,078 m² (*approx)
Floor Area
1078 m² (*approx)
Property Type
Retail
Sub-type
Large Format
Fully Leased
Early Settler
Show All
Set & Forget Retail Investment with Brand New Lease to National Furniture Giant
  • Six year lease & fixed annual increases
  • Secure lease to national furniture giant
  • Surrounded by ASX & national tenants

Cushman & Wakefield are pleased to present For Sale the Early Settler Showroom at Northland Homemaker Centre in Preston.

- Recently renewed six-year lease to leading home furniture retailer Early Settler, which operates 67 stores nationwide, generates over $100 million in annual revenue, and employs more than 450 staff across Australia.

- Secure investment with fixed annual rent increases of 3% and a three-month irrevocable bank guarantee in place, offering strong protection for any incoming purchaser.

- Prime position within the high-performing Northland Homemaker Centre, surrounded by major national and global retailers including McDonald’s, Forty Winks, Freedom, Snooze, Fantastic Furniture, OZ Design and Focus on Furniture.

- Exceptional strategic location directly opposite Northland Shopping Centre, one of Melbourne’s largest and most prominent retail destinations.

- High-quality LFR (Large Format Retail) asset in a centre with historically low vacancy rates—currently 100% leased with no available tenancies.

- Outstanding visibility with approximately 20 metres* of frontage and valuable rear access via Palmer Street with the inclusion of two off-street car parks and generous customer parking availability.

- Highly exposed site on prominent Murray Road, benefiting from convenient, centrally located car parking within the complex.

For Sale by Public Auction to be conducted Thursday 28th August 2025 at 12.30pm.

For more information, please contact the Cushman & Wakefield City Fringe Sales team as the exclusive selling agent:

Daniel Wolman | +61 412 957 839

George Davies | +61 421 799 489

Raphael Favas | +61 435 916 380

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

19-33 Murray Road Investment Summary

Property Type
Retail
Sub-type
Large Format
Number Of Tenants
1
Tenant
Early Settler
Land Area
1,078 m² (*approx)
Floor Area
1078 m² (*approx)
Selling Method
Auction
Auction Date
28 Aug 2025 12:30PM
Selling Details
Contact Cushman & Wakefield

Investment Highlights

Set & Forget Retail Investment with Brand New Lease to National Furniture Giant
  • Six year lease & fixed annual increases
  • Secure lease to national furniture giant
  • Surrounded by ASX & national tenants

Cushman & Wakefield are pleased to present For Sale the Early Settler Showroom at Northland Homemaker Centre in Preston.

- Recently renewed six-year lease to leading home furniture retailer Early Settler, which operates 67 stores nationwide, generates over $100 million in annual revenue, and employs more than 450 staff across Australia.

- Secure investment with fixed annual rent increases of 3% and a three-month irrevocable bank guarantee in place, offering strong protection for any incoming purchaser.

- Prime position within the high-performing Northland Homemaker Centre, surrounded by major national and global retailers including McDonald’s, Forty Winks, Freedom, Snooze, Fantastic Furniture, OZ Design and Focus on Furniture.

- Exceptional strategic location directly opposite Northland Shopping Centre, one of Melbourne’s largest and most prominent retail destinations.

- High-quality LFR (Large Format Retail) asset in a centre with historically low vacancy rates—currently 100% leased with no available tenancies.

- Outstanding visibility with approximately 20 metres* of frontage and valuable rear access via Palmer Street with the inclusion of two off-street car parks and generous customer parking availability.

- Highly exposed site on prominent Murray Road, benefiting from convenient, centrally located car parking within the complex.

For Sale by Public Auction to be conducted Thursday 28th August 2025 at 12.30pm.

For more information, please contact the Cushman & Wakefield City Fringe Sales team as the exclusive selling agent:

Daniel Wolman | +61 412 957 839

George Davies | +61 421 799 489

Raphael Favas | +61 435 916 380

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

Property Location of Tenancy 5, Early Settler, Northland Homemaker Centre, 19-33 Murray Road, Preston, VIC, 3072

Property Map
calculator-icon Yield Calculator
calcultor-icon Yield Calculator