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9-15 Puckle Street 14,165 SF 100% Leased Retail Building Moonee Ponds, VIC 3039 For Sale
Investment Highlights
- Positioned on one of Melbourne’s highest-performing retail strips with proven low vacancy rates
- Exceptional connectivity to Melbourne CBD via train, tram, and major arterials
- Surrounded by major mixed-use and residential developments driving foot traffic and demand
Executive Summary
9-15 Puckle Street presents an unmissable opportunity to acquire a prominent landholding in one of Melbourne’s most established and in-demand retail strips. Located in the heart of Puckle Street’s premium retail precinct, this property sits within a tightly held area with consistently low vacancies and an excellent tenancy performance record.
Comprising a substantial 1,189 m² land parcel and 1,316 m² of building area across four tenancies, the property currently generates an income of approximately $356,367 per annum. All tenancies are well-established and form part of a vibrant and diverse retail ecosystem, reinforcing this asset’s investment security while offering potential to reposition for higher yield or redevelopment.
This address is ideally placed to capitalise on Moonee Ponds’ evolution into a mixed-use commercial and residential hub, supported by major infrastructure upgrades and ongoing mid- and high-rise development trends. Located just 6 km from Melbourne CBD, with direct tram, train, and bus connectivity, Puckle Street remains a retail focal point for the northwest metropolitan corridor.
Comprising a substantial 1,189 m² land parcel and 1,316 m² of building area across four tenancies, the property currently generates an income of approximately $356,367 per annum. All tenancies are well-established and form part of a vibrant and diverse retail ecosystem, reinforcing this asset’s investment security while offering potential to reposition for higher yield or redevelopment.
This address is ideally placed to capitalise on Moonee Ponds’ evolution into a mixed-use commercial and residential hub, supported by major infrastructure upgrades and ongoing mid- and high-rise development trends. Located just 6 km from Melbourne CBD, with direct tram, train, and bus connectivity, Puckle Street remains a retail focal point for the northwest metropolitan corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
14,165 SF
Building Class
C
NOI
$257,903
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.11
Lot Size
0.29 AC
Amenities
- Signage
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9-15 Puckle Street
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