381 Forest Road 1,841 SF Retail Building The Basin, VIC 3154 $597,974 ($324.87/SF) 5.36% Cap Rate

This offering presents a rare opportunity to secure a freehold retail investment in the highly sought-after village precinct of The Basin. The property is fully leased to The Peacock Den, a well-established hospitality venue, providing investors with a stable and predictable income stream. The current lease delivers a net income of $44,480 per annum plus GST, with 2% annual rent increases and options extending through to 2035. The tenant is responsible for standard outgoings, further enhancing the investment’s appeal.
The property features a fully fitted restaurant with a dining area, wine bar, commercial kitchen, and amenities, complemented by an attached two-bedroom dwelling with a lounge, kitchen, bathroom, laundry, and private outdoor deck. The residence is internally connected to the restaurant, creating a unique configuration that supports operational efficiency.
Located within The Basin’s tightly held retail strip, the property benefits from strong surrounding amenity, including cafés, restaurants, pubs, schools, and local businesses. Freehold opportunities in this precinct are rarely available, making this an attractive proposition for SMSF investors, private buyers seeking secure income, and long-term landholders.