Cushman & Wakefield are pleased to offer for sale 33-59 Clarinda Road, Oakleigh South.

The property comprises a significant industrial investment within Melbourne’s tightly held south-eastern industrial market. Occupying a substantial 23,600sqm site and fully leased to Superior Food Group Pty Ltd, a subsidiary of ASX-listed Metcash Limited, the asset provides secure income and long-term strategic value.

Key Investment Highlights:

Scarce infill location – A tightly held middle-ring industrial precinct where future supply is constrained to redevelopment opportunities.

- Significant landholding – One of only five landholdings above 2.0 hectares in the surrounding area offering increasingly scarce scale.

- Strong tenant covenant – Fully leased to Superior Food Group Pty Ltd, a subsidiary of ASX-listed Metcash Limited, with a recently renewed five-year lease.

- Renewed 5 year lease – 4.3-year WALE supported by fixed annual rental reviews of 3.75% through 2028 and 3.50% thereafter, with no further tenant options providing future leasing flexibility.

- Discount to replacement – Opportunity to acquire specialised, high-value improvements at a significant discount to estimated replacement cost.

- South east connectivity – Outstanding last-mile distribution location servicing more than two million residents within a 30-minute drive time.

- Future redevelopment – Prominent main road site with no further lease options, creating longer-term redevelopment optionality across a range of potential uses (STCA).

- Defensive industry sector – Exposure to the defensive food logistics sector, underpinned by non-discretionary consumer demand and essential supply chain infrastructure.

For sale via an Expression of Interest campaign, closing Wednesday, 26 August 2026 at 2:00pm (AEST).

For further information or to arrange an inspection please contact the exclusive selling agents.