RA Investments Pty Ltd, trading as Farm Fresh Doncaster
METHOD OF SALE Private Sale
SALE TERMS
10% deposit – 60/90 days
Point of view
This two-level retail freehold stands tall amongst the popular local businesses on the block, a complementary set of errand-tickers that attract families, young professionals, and everything in between.
• Tenanted to RA Investments Pty Ltd, trading as Farm Fresh Doncaster
• $83,428.57 per annum + GST + outgoings
• 3-year term commenced 1st May 2024 with options to 2043
• 262 sqm* total dual-level building area with retail shop and dwelling
• 223 sqm* total land area with Doncaster Road visibility
• A commercial lease over the whole property
• Commercial 1 Zone
• Rear right-of-way access leading to a council car park accessible via Bullen Street
• 4 minutes* to the Eastern Freeway
• 100 m* to the 906 bus stop
“A
FRESH LEASE, WITH EVEN FRESHER TOMATOES, THE CENTREPOINT
POSITION
AMONGST THE SUBURB’S BUSTLING RETAIL
PRECINCT MEANS YOUR INVESTMENT WILL ONLY RIPEN ON THE VINE.”
IAN ANGELICO (MANAGING DIRECTOR - AGENCY)
Property details
Over 223 sqm* of land this is a substantial 262 sqm* double-storey freehold. The ground-floor retail space includes an open plan shop floor with storage, on both ground and lower floor together with coolroom space out the back, whilst the first floor comprises a twobedroom apartment with balcony and separate access. The rear rightof-way access also leads to a substantial council car park via Bullen Street.
This well-known fresh food store has been filling shopping bags with quality produce for over 40 years and has become a greengrocer pillar within the community. The experienced trader tenant has had their recent agreement in place since May 2024, with options to extend to 2043 through 3+3+5+5-year terms. Farm Fresh pays $83,428.57 per annum + GST + outgoings (Excl. Land Tax) to set up shop here, a proven strategy considering the foot traffic and neighbouring tenants playing their part well.
Location
ALL SIGNS POINT TO: (JACKSON COURT)
Less of a retail strip, more of a 360-degree one-stop shop, Jackson Court is the gathering point for every hungry, thirsty, or productive local. Anchored by tenants like ALDI, Dan Murphy’s, Bendigo Bank and Australia Post, it’s predominantly comprised of approximately 90 specialty shops like butchers, health services, and highly-rated takeaway options. There have been recent upgrades to safety here such as improving the lighting and pedestrian crossing, while road rage is at an all-time low with a huge council car park standing by.
Adjacent to the hub is Doncaster Reserve, a beautifully maintained oval with a small playground and sports centre. The Doncaster East RSL is also in the top corner, a beloved meeting point for the community to pay respects during dawn services.
Although everything is right here, it’s brilliantly connected to the rest of Melbourne. The Eastern Freeway is a 4-minute* drive away, taking you into the CBD in half an hour. Buses run frequently on Doncaster Road, with three different routes catering to all four points of Melbourne.
AND THE POINT?
They say you can’t buy legacy, but you can invest in an esteemed business that has spent nearly half a century building exactly that. Anchor your portfolio in a freehold that has all the ingredients to serve the community for decades to come.
Suburb profile
ON THE MAP: (DONCASTER EAST)
Suburban tranquillity meets urban convenience. Doncaster East is widely known for its parks, reserves, and tree-lined streets, making the area a priority option for growing families and outdoor personalities. There are also reputable schooling options like Doncaster Secondary College and East Doncaster Secondary College which are well-regarded for their academic performance.
As such, the area is expecting significant growth. The next 12 years will see a 10.5% increase, leading to Manningham Council proposing new housing targets through strategic planning work and community feedback.
The State Government has proposed a draft target of 39,000 new dwellings in Manningham by 2051. This target represents a 76% increase in dwellings over the next 26 years or around 1,500 dwellings per year.
To meet demand, there are several key developments in the Doncaster East pipeline:
ANDERSON CREEK PROJECT
A luxury townhouse development featuring 58 high-end homes, designed to blend seamlessly with the surrounding natural environment. The project is strategically located near parks, schools, and major shopping centres like The Pines and Westfield Doncaster, making it a family-first option.
PROMINENCE APARTMENTS
A major apartment project offering 66 residences that combine modern living with spacious green areas. This development caters to a variety of needs, with one to four-bedroom apartments and communal recreational
spaces. It’s particularly appealing to downsizers and investors due to its proximity to essential amenities and transport options.
WESTFIELD DONCASTER EXPANSION
Plans are in place to significantly expand Westfield Doncaster, adding 43,000 sqm* of retail space, 18,000 sqm* of commercial office space, a new 14-storey commercial building, and an enhanced bus interchange.
KEY DATA
Sitting only 16 km* from the CBD, Doncaster is widely known as an affluent suburb thanks to its cityfringe locale and rich Chinese background. As of the 2021 Census, Doncaster had a population of approximately 21,543 residents, boasting high-quality schools and generously proportioned houses on large blocks.
The median house price in Doncaster has seen significant growth over the years, driven by its desirability and proximity to the city. As of mid-2024, the median house price is approximately $1.7 million, a figure that reflects the suburb’s sustained popularity, particularly among families and investors seeking stable, long-term returns.
NORTH EAST LINK
Currently under construction, the North East Link is a 10 km* tolled highway that will connect the Metropolitan Ring Road at Greensborough to the Eastern Freeway at Bulleen.
54 Jackson Court is just a short 5 minute* drive or 2 km* from the Middleborough Road Eastern Freeway access ramp.
Property particulars
OUTGOINGS
SITE MEASUREMENTS
TITLE PARTICULARS
Council Rates – $2,937.00 (2024)
Land Tax – $5,325.00 (2024)(Single Holding)
Jackson Court Frontage - 6.09m*
Western Boundary - 36.58m*
Eastern Boundary - 36.58m*
Southern Boundary - 6.09m*
Certificate of Title – Volume 08412 Folio 607
Lot 21 on Plan of Subdivision 33809
ZONING Commercial 1 Zone
PLANNING OVERLAYS
MUNICIPALITY
DDO1 - Design And Development OverlaySchedule 1
PO2 - Parking Overlay - Precinct 2
Manningham City Council
“AMONGST THE CURRENT CLIMATE, THERE’S A GROWING TREND TO STEER AWAY FROM SUPERMARKETS AND LEAN INTO LOCAL BUSINESSES. THIS RENOWNED FRESH FOOD PRODUCE STORE HAS BEEN SERVING DONCASTER FOR OVER 40 YEARS, AND THIS STRATEGIC SALE WILL SEE YOUR PORTFOLIO REAP THE BENEFITS FOR DECADES TO COME.”
— JARROD MORAN (DIRECTOR - AGENCY)
Contact details
IAN ANGELICO
(MANAGING DIRECTORAGENCY)
POINT OF INTEREST
In more than 30 years, Ian has witnessed the successful signing of more than two thousand commercial real estate transactions – which is more of a legacy, than a track record. And it’s one that has been achieved by adopting a methodical approach amongst a myriad of changing variables. It’s one that has been sharpened through his holistic exposure to commercial projects across all points of Melbourne. By focusing on maximising each property’s profitability, Ian ensures that at the end of the day, it’s maximising value that determines his success.
POINT OF VIEW
“Business, similar to commercial property, comes down to economics — the all-important dollar. Those in the market must recognise that when providing platforms for businesses to transition from ideas to implementation, the price must be right not just today but tomorrow, too.”
0418 336 088
ian.angelico@cva.melbourne
JARROD MORAN
(DIRECTOR - AGENCY)
POINT OF INTEREST
The key word you’re looking for is knowledge. It’s Jarrod’s established market understanding, extensive business experience and strong work ethic defined by motivation and dedication, that makes him a seasoned asset not just to CVA but to your day-to-day. And it’s this energy that amplifies opportunity — in Melbourne, in the market and in the minds of his clients.
POINT OF VIEW
“The commercial and industrial property market is made up of two key elements: opportunities and requirements. In identifying and negotiating the right fit for each client, it is not just our ambition to achieve the best possible outcomes, but a way of ensuring the complete picture.”
0413 251 621
jarrod.moran@cva.melbourne
Disclaimer: This report has been compiled on the basis of information available. Though efforts have been made to verify or establish the accuracy of all material, it is not possible to warrant that it is accurate. Some predictions are estimates only and necessarily based on assumptions which may not occur. All parties should make their own independent enquires with regard to all the information contained in this report. The report is intended to be general information only and will not form part of any contract nor is it to be taken as any form of any representation, warranty or inducement. The agents and representatives do not accept any responsibility for and will not be liable in respect of any of the contents of this report.
