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CBRE in conjunction with Greville Pabst as transaction advisor are pleased to offer to market ‘IGA Upwey’ located at 62-64 Main Street, Upwey VIC for sale via National Investment Portfolio Auction 183.
The property has the following key investment highlights:
+ Renewed IGA Plus Liquor Supermarket Five (5) Year lease from 1 October 2026 to 30 September 2031 plus Five (5) further Five (5) Year options to September 2056.
+ IGA Plus Liquor: largest independent national supermarket brand with over 1,400** stores across Australia. IGA Plus Liquor Upwey has traded on-site since 2001 with full line including liquor sales and loading dock, open 7 days a week.
+ The property features two further tenancies on the first floor to ‘Foothills Community Care’ and ‘Tuplin Taxation’ detailed in the Information Memorandum.
+ Landlord-favourable, set-and-forget ‘net lease’ structure with tenant responsible for all usual outgoings excluding land tax.
+ Fixed, compounding 3% & 3.5% annual rent increases ensuring continued income growth.
+ IGA lease secured by two director guarantees to the performance of the lease.
+ High profile 883 sqm* triple fronted corner freehold with ‘Commercial 1’ zoning and 86m* combined frontage to Main Street and extensive 128 space public car park.
+ Well-presented 1,320 sqm* building over two floors with first floor access via rear car park/private entrance.
+ Premium position in the heart of Upwey commercial centre directly opposite Upwey Train Station.
+ Upwey: metropolitan suburb 33km* east of Melbourne CBD with a median house price of $895,000(1)
+ Yarra Ranges: gateway municipality to the Dandenong Ranges and Upper Yarra Valley tourism destinations.
+ Net Income: $241,945 pa + GST***
For Sale via Investment Portfolio Auction 183
10:30am AEDT Wednesday 1 April 2026
Garden Room, Crown Casino, Melbourne
DAVID NAPOLEONE
0417 308 067
SAM MERCURI
0413 830 709
*Approx
**iga.com.au
***Approx assuming partial land tax exemption for ‘not for profit’ tenancy
(1) realestate.com.au
Remember to mention you found this property on CommercialReady
CBRE in conjunction with Greville Pabst as transaction advisor are pleased to offer to market ‘IGA Upwey’ located at 62-64 Main Street, Upwey VIC for sale via National Investment Portfolio Auction 183.
The property has the following key investment highlights:
+ Renewed IGA Plus Liquor Supermarket Five (5) Year lease from 1 October 2026 to 30 September 2031 plus Five (5) further Five (5) Year options to September 2056.
+ IGA Plus Liquor: largest independent national supermarket brand with over 1,400** stores across Australia. IGA Plus Liquor Upwey has traded on-site since 2001 with full line including liquor sales and loading dock, open 7 days a week.
+ The property features two further tenancies on the first floor to ‘Foothills Community Care’ and ‘Tuplin Taxation’ detailed in the Information Memorandum.
+ Landlord-favourable, set-and-forget ‘net lease’ structure with tenant responsible for all usual outgoings excluding land tax.
+ Fixed, compounding 3% & 3.5% annual rent increases ensuring continued income growth.
+ IGA lease secured by two director guarantees to the performance of the lease.
+ High profile 883 sqm* triple fronted corner freehold with ‘Commercial 1’ zoning and 86m* combined frontage to Main Street and extensive 128 space public car park.
+ Well-presented 1,320 sqm* building over two floors with first floor access via rear car park/private entrance.
+ Premium position in the heart of Upwey commercial centre directly opposite Upwey Train Station.
+ Upwey: metropolitan suburb 33km* east of Melbourne CBD with a median house price of $895,000(1)
+ Yarra Ranges: gateway municipality to the Dandenong Ranges and Upper Yarra Valley tourism destinations.
+ Net Income: $241,945 pa + GST***
For Sale via Investment Portfolio Auction 183
10:30am AEDT Wednesday 1 April 2026
Garden Room, Crown Casino, Melbourne
DAVID NAPOLEONE
0417 308 067
SAM MERCURI
0413 830 709
*Approx
**iga.com.au
***Approx assuming partial land tax exemption for ‘not for profit’ tenancy
(1) realestate.com.au
Remember to mention you found this property on CommercialReady
62-64 Main Street, Upwey, VIC, 3158
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
