285-305 Centre Road, Bentleigh
An interstate investor purchased the 240sqm strata-titled pharmacy-tenanted property for $2.45 million, on a 5.6% yield. Direct Chemist Outlet has a 10-year lease with options to 2039.
1352 Malvern Road, Malvern
Offered with vacant possession and planning permits for a 4-storey project, the recently refurbished 210sqm building on a 251sqm corner site sold for $1.9 million.
13 Adakite Drive, Berwick
The newly-fitted out 187sqm premises occupied by specialty supermarket Alira Village Grocery and Butcher sold for $1.29 million, on a 6.41% yield. It has a new 10-year lease to 2036 with 2 x 5-year options, bringing $82,725pa plus GST in rent.
1/30 Grandstone Boulevard, Epping
The 125sqm ground-floor retail property within a multi-storey apartment building sold for $951,000, on a 6.50% yield. Grounders Café has a 10+10-year lease from 2023 returning $61,865pa plus GST net.
Shop 4, 1A Grange Road, Toorak
The 75sqm retail property sold for $870,000. It has a 5+5+5-year lease from May 2022 to café Yuca, returning $51,638pa plus outgoings and GST.
1-3 Saligna Drive, Tullamarine
An investor acquired the 5,075sqm logistics and warehousing facility on 9,062sqm of land for $12.4 million. The property is anchored by national tenants Protecta Group Australia and Scott Automation & Robotics.
5 Sara Grove, Tottenham
Offered with vacant possession, the 1,010sqm office and warehouse facility on 1,173sqm of land with 6 car parks sold for $2.255 million.
15/52-60 Garden Drive, Tullamarine
The 280sqm office and warehouse unit, which includes a 40sqm mezzanine level, sold for $845,000.
332-336 Bay Road & 43 Jack Road, Cheltenham
Melbourne-based fund manager Forza Capital acquired the 5.5ha former Laminex manufacturing facility for $53.8 million. Around one third of the site is zoned Residential and the rest Commercial.
26 Wood Street, Thomastown
A joint venture between 2 developers with experience in large format retail and office-warehouse projects paid more than $15 million for the 2.49ha piece of land at the Thomastown Trash and Treasure Market site.
471 Sayers Road, Hoppers Crossing
An investor paid $3.2 million for the 569sqm purpose-built radiology clinic building on a 4,002sqm site with 17 car spaces. FMIG has a 7-year lease to June 2031 with 2 further 5-year options, returning $189,052pa plus GST net.
Strong Result for Blue Chip Brighton Childcare Centre Following Local and International Interest
A standout sales result is the outcome of more than 100 local and international buyer enquiries generated for an ultra-rare childcare investment in Melbourne’s blue-chip suburb of Brighton.
Fitzroys’ Chris Kombi, Tom Fisher and Ben Liu sold the Bambini Early Learning Centre property at 75 Wilson Street, Brighton for $4.44 million, on a tight 4.8% yield and high building rate of $11,100/sqm.
The agents managed the highly competitive Expressions of Interest campaign on behalf of a private investor who had owned the property for 37 years.
The property, on 1,133sqm of land, comprises a 400sqm childcare facility, complemented by an outdoor play area. There is on-site parking for multiple cars.
Bambini Early Learning Centres is a premium early education provider with 12 locations across Victoria and has operated successfully from this site for 17 years. Its long lease includes options to 2044.
“Following a campaign that generated more than 100 enquiries with buyer profiles ranging from Brighton locals to offshore parties, a local investor was ultimately the purchaser,” Kombi said.
“Buyers wanted to secure the rare offering of a high-performing childcare centre on a rare significant landholding in this prestigious middle Brighton location, in the heart of a genuine blue-chip residential precinct.
“Brighton’s reputation evidently extends across the country and overseas. In this campaign we had buyers very aggressively wanting to get a foothold in the area.
“This is one of the tighter yields achieved for a childcare centre investment in metropolitan Melbourne this year, reflecting the demand for well-located, well-leased commercial property assets across the city.
“Our campaign demonstrates that there is a huge amount of unsatisfied capital out there in the market that is actively hunting quality opportunities.”
The centre is close to Bayside’s most recognised primary and secondary schools including Brighton Primary, Brighton Grammar, Firbank, St Leonard’s, and Star of the Sea, which attract huge numbers of families to the area, ensuring ongoing demand for childcare services into the long-term.
“Investors have more confidence in childcare centre assets’ operational performance following introduction of the Federal Government’s new Australian Child Care Subsidy, which guarantees at least three days of subsidised childcare per fortnight and has boosted demand for and utilisation of childcare services,” Fisher said.
“The market continues to respond fervently to the market-leading defensive characteristics of well-located Australian childcare assets with quality operators.”
Liu said the campaign drew interest from investors as well as land bankers.
“Brighton boasts investment and development prospects that are comparable to anywhere in the country,” he said.
The suburb is home to a top-tier lifestyle offering that includes Melbourne’s highest-performing shopping strip in Church Street, as well as popular Bay Street, Brighton Beach, Dendy Park, Wilson Reserve, Billilla Mansion and more.
The suburb’s median house price was $3.25 million as of April 2026, according to realestate.com.au.
Disclosure: The weekly Fitzroys Property Wrap is for information only on transactions in the Melbourne property market. Fitzroys provides this information as a public service. We are not purporting that all sales and leases within this report were transacted by Fitzroys. Terms/Privacy © Copyright 2026 Fitzroys.